Asset Control

Definition ∞ Asset control refers to the authority and mechanisms governing ownership and transfer of digital assets. This involves the technical and legal means by which individuals or entities maintain command over their cryptocurrency holdings. It includes private keys, multi-signature schemes, and custodial arrangements. Secure asset control is paramount for preventing unauthorized access and theft. Effective control mechanisms are essential for digital asset security.
Context ∞ Discussions around asset control in crypto news frequently highlight the risks associated with centralized exchanges and the benefits of self-custody. Debates continue regarding the balance between user autonomy and the security offered by professional custodians. Future advancements in secure hardware wallets and decentralized identity solutions aim to strengthen individual command over digital wealth.