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Risk Control Framework

Definition

A risk control framework in the digital asset domain comprises a structured set of policies, procedures, and systems designed to identify, assess, monitor, and mitigate potential risks associated with cryptocurrency operations. This includes addressing market volatility, cybersecurity threats, regulatory non-compliance, operational failures, and counterparty risks. Such frameworks are essential for ensuring the security, stability, and integrity of digital asset businesses and platforms. They aim to safeguard assets and maintain investor confidence.