Named experts · Practitioner profile

Stephen Palley

Stephen Palley

Brown Rudnick ↗ · United States

LinkedIn ↗ Firm bio ↗

About Stephen

Stephen Palley is a litigation partner at Brown Rudnick in Washington, D.C., where he leads the firm's Digital Commerce group. He joined in 2022 from Anderson Kill, together with Matthew Richardson, Preston Byrne and Hailey Lennon. His practice covers crypto-asset litigation, regulatory disputes and transactional work for blockchain companies, and he has served as outside general counsel to crypto firms. He writes and is widely quoted on legal questions raised by blockchain technology.

Credentials

  • Partner, Brown Rudnick — Digital Commerce group
  • Previously Partner, Anderson Kill (to 2022)
  • Fellow, American College of Coverage Lawyers

Jurisdictions

  • United States

Relevant guides

Knowledge-base coverage that overlaps with Stephen's practice (United States · Non-EU crypto, Market abuse, Token classification).

MiCA scope edges · DeFi · staking · DLT Pilot · Article 60 · reverse solicitation · MiFID II line

The Edges of MiCA Scope 2026 — DeFi, Staking, DLT Pilot, Article 60, Reverse Solicitation

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MiCA · CASP operations & lifecycle

CASP Operations and Lifecycle 2026 — MiCA Passport, Banking, Wind-Down

The CASP passport under MiCA Article 65 went operational in late 2024 — but a working passport is one part of running an authorised CASP. Th…

Crypto custody licence · Comparison

Crypto Custody Licence: Jurisdictions Compared (2026)

A crypto custody licence is not one licence. Under MiCA it is a CASP Class 2 authorisation; in the US a state trust charter or SPDI; in Asia…

Crypto exchange licence · Comparison

Crypto Exchange License: Jurisdictions Compared (2026)

A crypto exchange licence is not one licence. It is six or seven different regimes — MiCA, VARA, MAS, SFC, FCA, FINMA, and the US state-by-s…

Qualifying holdings · CASP acquisitions

Qualifying Holdings Acquisitions 2026 — MiCA CASP Guide

MiCA Articles 83 and 84 govern notification and assessment of any acquisition of a qualifying holding in a CASP, and of increases past 20%, …

Crypto custody · Segregation rules

Crypto Custody Segregation Rules — MiCA Practitioner Guide

MiCA Article 75 sets the rules for CASP custody of client crypto-assets: custody agreement, register of positions, custody policy, segregati…