US EditionAnalysis: Baft’s Burwell on New York digital trade reforms
Summary by Global Trade Review (GTR)
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Analysis: Baft’s Burwell on New York digital trade reforms
New York legislators have taken an important step towards digitalising trade in the state, adopting reforms that provide a legal basis for electronic records and digital assets. Adopted by the Assembly and Senate on June 11, the reforms bring New York in line with the Uniform Commercial Code (UCC), a model law amended in 2022 to incorporate digital trade documents and other emerging technologies. They will become law once the amending bill is s…
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