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February 6, 2020
Scott Bennett, Dave Kappos, and Michael Mariani Co-Author Paper on Blockchain and Digital Assets

Cravath partners D. Scott Bennett, David J. Kappos and Michael E. Mariani co‑authored a paper entitled “Blockchain and Custody of Digital Assets,” which was published by Thomson Reuters Practical Law on January 22, 2020. The article discusses the legal and practical application of blockchain and digital asset regulations, particularly those that prevent fraud and misappropriation while preserving the advantages associated with blockchain and digital securities. After providing an overview of custody laws, the paper explores the challenges surrounding digital asset security control by custodians in a changing virtual landscape, and concludes by offering potential solutions and examining existing digital asset custody services.

Please click here to read the full paper.