What is blacklist token?
Could you please elaborate on what exactly is meant by a "blacklist token" in the world of cryptocurrency and finance? Is it a specific type of digital asset that has been deemed unacceptable or restricted for use by certain entities or individuals? Are there specific reasons or criteria that determine if a token gets blacklisted, and what implications does this have for those who hold or trade in such tokens? I'm interested in understanding the mechanics and motivations behind this concept.