Overview
Steptoe partner Galen Kast and associate Emma Howard authored an article that appeared in CoinDesk, "The Legal Risks and Practical Considerations of Digital Asset Blacklisting." The article walks through how government agencies can request that digital asset issuers blacklist individual tokens or wallets, thus bypassing traditional legal safeguards and turning the burden of proof on its head by requiring owners to prove their innocence. The article provides practical tips for digital asset owners and issuers to limit the risks associated with such digital asset blacklisting in a fast-evolving regulatory environment.