Definition ∞ Blanket Liens represent a security interest granted over all present and future assets of a debtor. This broad claim allows a creditor to secure their loan against virtually every asset the debtor owns or acquires. In traditional finance, it offers significant protection to lenders by providing extensive collateral coverage. Its application in the digital asset space is still being clarified.
Context ∞ The concept of blanket liens is being discussed in the context of digital asset bankruptcy proceedings and secured lending arrangements. Legal experts examine how such claims apply to volatile and intangible cryptoassets, especially those held across various platforms or self-custodied. Jurisdictional challenges and the unique nature of digital ownership pose complexities for establishing and enforcing these liens effectively.
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