Banks are increasingly integrating digital asset custody into their operations by adopting new compliance frameworks that align with international standards. This move aims to enhance the security of assets held in custody. Current compliance measures incorporate frameworks such as the NIST Cybersecurity Framework (CSF) and the Digital Operational Resilience Act (DORA). These frameworks are designed to provide a structured approach for managing and safeguarding digital assets against potential risks. By aligning with these global standards, banks are positioning themselves to better secure digital asset operations, while also ensuring they meet regulatory requirements. This integration reflects a growing emphasis on compliance and risk management in the rapidly evolving digital asset landscape.
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