The digital asset market landscape is continuously evolving, driven by technological advancement and increasing global adoption. This market is highly competitive, as organizations develop unique products to secure a significant market share. However, it faces escalating regulations from various international regulatory bodies, enforcing stringent standards to ensure fair practices and protect investors’ interests. These standards necessitate the establishment of robust control environments within organizations operating in this space.
While these requirements may present challenges, they also provide opportunities for organizations to strengthen their operational frameworks, enhance credibility, and ensure sustainable growth. Traditional compliance methodologies, when appropriately adapted to this new industry, could provide the structure and guidance necessary to navigate these complexities and continue to excel in the global digital asset market. Also, a robust attestation program, when compared to competitors, is a good way for organizations to validate their resilience to technology outages and cyber threats.