> UCC [amendments] provide welcome uniformity and clarity as digital assets become ubiquitous to our commercial system. With the framework of existing concepts well settled under traditional concepts of commercial law, the new amendments will further help solidify a baseline standard for incorporating cryptocurrency and other emerging technology into our everyday transactions.
What does that have to do with a bill of lading needed for goods shipped by sea between states? Which is what the article is about.
North Dakota and New Mexico are land-locked. And I don't think U.C.C. applies to interstate commerce.
Edit: https://www.saul.com/insights/alert/digital-assets-and-ucc-a... says as of 11/29/2023 'thirteen states plus the District of Columbia have adopted the Article 12 amendments' with more in the future, but it seems those only apply to digital assets, not a bill of lading ('A CER excludes any digital assets that are not subject to “control” as well as those that are already subject to other commercial laws')
The Uniform Commercial Code (UCC) is a comprehensive set of laws governing all commercial transactions in the United States. It is not a federal law, but a uniformly adopted state law. Uniformity of law is essential in this area for the interstate transaction of business. Because the UCC has been universally adopted, businesses can enter into contracts with confidence that the terms will be enforced in the same way by the courts of every American jurisdiction.
https://natlawreview.com/article/securing-digital-bag-newly-...
> UCC [amendments] provide welcome uniformity and clarity as digital assets become ubiquitous to our commercial system. With the framework of existing concepts well settled under traditional concepts of commercial law, the new amendments will further help solidify a baseline standard for incorporating cryptocurrency and other emerging technology into our everyday transactions.