How are digital assets mentioned in the articles of incorporation?

3 answers

• Dec 19, 2021 · 3 years ago
  Digital assets are usually mentioned in the articles of incorporation as part of the company's authorized capital. They may be specifically listed as a type of asset that the company can hold or invest in. This inclusion allows the company to legally own and transact with digital assets within the scope of its business operations.
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• Dec 19, 2021 · 3 years ago
  When it comes to mentioning digital assets in the articles of incorporation, companies often use broad language to encompass various types of digital assets, such as cryptocurrencies, tokens, or virtual assets. This approach provides flexibility for the company to adapt to the evolving landscape of digital assets without needing to amend the articles of incorporation every time a new type of asset emerges.
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• Dec 19, 2021 · 3 years ago
  According to industry best practices, it is advisable for companies to consult legal professionals specializing in digital assets and blockchain technology to ensure the accurate and comprehensive inclusion of digital assets in their articles of incorporation. This helps to mitigate any potential legal risks and ensures compliance with relevant regulations and laws governing digital assets.
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