Financing of Bitcoin and Other Crypto Assets: Structuring, Regulatory, Valuation, and Hedging Issues
A live 90-minute premium CLE video webinar with interactive Q&A
This CLE webinar will analyze the legal challenges to financing bitcoin and other crypto assets for bank and non-bank lenders. The panel will discuss the underlying blockchain architecture for transferring cryptocurrencies and the regulatory, custodial, and UCC perfection issues concerning financing these assets.
Outline
- Reasons for financing digital assets
- Structuring considerations
- Key terms
- Custodial considerations
- Practical considerations
- Perfecting a security interest in digital assets
- Current UCC framework
- Impact of 2022 UCC amendments
- Regulatory considerations
Benefits
The panel will review these and other key issues:
- How should a lender document a loan secured by cryptocurrency?
- What are some of the issues with perfecting a UCC security interest within a blockchain?
- How does the categorization of bitcoin as a commodity affect the regulatory implications of financing such an asset?
- What are the securities law concerns associated with the financing of digital assets?
Faculty
Brandon M. Hammer
Partner
Cleary Gottlieb Steen & Hamilton
Mr. Hammer’s practice focuses on a broad range of creditors’ rights, netting, financial regulatory,... | Read More
Mr. Hammer’s practice focuses on a broad range of creditors’ rights, netting, financial regulatory, bankruptcy, digital asset, and market infrastructure issues. He regularly advises clients regarding close-out netting rights under a variety of different U.S. insolvency regimes, including the Bankruptcy Code, the Federal Deposit Insurance Act, the Securities Investor Protection Act, the New York Banking Law, and the Orderly Liquidation Authority title of the Dodd-Frank Act, and represents clients before federal regulatory agencies and self-regulatory organizations. His clients include financial institutions, clearinghouses, sovereigns, and end users. Mr. Hammer is frequently counsel to leading financial market trade associations and ad hoc coalitions on major industry initiatives and industry-standard opinions.
Closeto be announced.
Early Discount (through 10/25/24)
Cannot Attend November 21?
Early Discount (through 10/25/24)
You may pre-order a recording to listen at your convenience. Recordings are available 48 hours after the webinar. Strafford will process CLE credit for one person on each recording. All formats include course handouts.