Definition ∞ Financial sector resilience refers to the ability of financial systems to withstand and recover from significant disruptions. In the context of digital assets and blockchain, this involves ensuring that critical financial functions, such as payment systems, trading platforms, and custody services, can operate continuously even during cyberattacks, market crashes, or infrastructure failures. It necessitates robust cybersecurity measures, effective disaster recovery plans, and stringent operational risk management. Maintaining resilience is crucial for systemic stability.
Context ∞ The state of financial sector resilience is a growing concern for regulators, particularly with the increasing interconnectedness of traditional finance and digital asset markets. A critical future development involves the establishment of cross-sectoral standards and collaborative frameworks to enhance the collective ability of financial entities to manage and mitigate systemic risks.
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