New York Enacts 2022 UCC Amendments: A New Era for Digital Asset Transactions

On December 5, 2025, Governor Hochul signed Assembly Bill 3307-A/Senate Bill 1840-A into law, making New York the latest—and most influential—jurisdiction to enact the 2022 Amendments to the Uniform Commercial Code (UCC). This landmark legislation modernizes New York’s UCC to address digital assets, including e-notes, stablecoins, cryptocurrencies, electronic tokens, and other emerging technologies. With this action, New York joins more than 30 other states and the District of Columbia in…
By: Orrick, Herrington & Sutcliffe LLP