Digital Assets: New Types of UCC Collateral
Bitcoin? A crypto currency represented by a cartoon dog, known as dogecoin? A non-fungible token (NFT) featuring a LeBron James dunk against the Houston Rockets in 2021 selling for over $387,000?1 What are these assets, and what happens if a borrower wants your bank to accept them as collateral for a loan? Cryptocurrency and NFTs […]
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