ASPIRe Framework

Definition ∞ A framework for assessing risks and ensuring compliance within digital asset operations. It provides a structured approach to evaluate various aspects of a crypto project or platform. This framework helps identify potential vulnerabilities and areas requiring regulatory attention. Its application assists in standardizing risk management practices across the digital asset sector.
Context ∞ Discussions around the ASPIRe Framework often center on its utility in strengthening regulatory oversight for emerging digital asset services. Industry participants are evaluating its impact on operational costs and compliance burdens. Future developments will likely involve its adaptation to new technological advancements and evolving regulatory landscapes.