"The anticipated approval of these ETFs, already influencing Bitcoin's price with a 26% surge in the last three months, marks a pivotal moment in market evolution."
"A lack of understanding about the unique risks associated with digital assets and their management became evident following the collapse of FTX and findings from the recent trial."
"A comprehensive due diligence framework that captures the unique risks in digital asset space is essential in guiding institutions through this complex landscape. It should include: governance and operational resilience, risk management frameworks, control functions, business continuity, disaster recovery, third-party oversight, and segregation of duties."
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