Definition ∞ Digital Asset Controls refer to the systems, policies, and procedures implemented to manage, secure, and account for digital assets. These controls are designed to prevent unauthorized access, ensure transaction integrity, and maintain accurate records of ownership and movement. They encompass cryptographic security measures, access permissions, internal governance structures, and compliance monitoring. Effective controls are essential for mitigating risks associated with digital asset operations.
Context ∞ In the rapidly evolving digital asset landscape, the implementation of robust digital asset controls is a primary focus for both cryptoasset firms and regulators. News often reports on security breaches or operational failures that underscore the importance of these controls in preventing loss or misuse of funds. As the market matures, there is increasing pressure for standardized and verifiable control frameworks to enhance investor protection and build trust in digital asset services.