The Canadian Investment Regulatory Organization (CIRO) has announced a new Digital Asset Custody Framework aimed at establishing clear custody standards for cryptocurrency trading platforms. This framework is designed to enhance the security and integrity of digital asset transactions, ensuring that platforms adhere to stringent custody requirements. The initiative reflects CIRO's commitment to safeguarding investors and maintaining market stability as the cryptocurrency sector continues to grow. By setting these standards, CIRO aims to provide a more secure environment for digital asset trading, addressing concerns over asset protection and regulatory compliance.