KuCoin Gets SOC 2 Type II Certification for Improved Security and Compliance
The post KuCoin Gets SOC 2 Type II Certification for Improved Security and Compliance appeared on BitcoinEthereumNews.com.
Key Takeaways: KuCoin has successfully completed the SOC 2 Type II audit, validating the platform’s internal security and operational controls. The certification reflects KuCoin’s long-term strategy to strengthen user trust and global regulatory compliance. The certification validates that KuCoin already offers enhanced security, privacy, and system availability to its 40 million+ users. KuCoin Achieves New Heights in Crypto Exchange Security KuCoin has officially earned the SOC 2 Type II certification, a significant milestone that underscores the exchange’s commitment to superior data security and operational transparency. This development places KuCoin in a select group of cryptocurrency platforms that meet the highest benchmarks of system reliability and internal security controls. SOC 2 is a framework created by the American Institute of Certified Public Accountants (AICPA) that determines whether an organization handles customer data securely based on five Trust Services Criteria: security, availability, confidentiality, privacy and processing integrity. For crypto exchanges, these are fundamental to building trust with users — especially as regulatory scrutiny and security breaches remain front page news. SOC 2 Type II Certification: What Does it Really Mean? SOC 2 Type II is a more rigorous audit than Type I, requiring a multi-month review to verify that security controls are consistently applied over time. In KuCoin’s case, that review spanned an entire year and was conducted by an independent firm known as Decrypt Compliance. The audit covered everything from KuCoin’s security policies and employee training to the technical architecture of its platform. The results reaffirm that KuCoin has robust systems to protect user data and maintain platform stability — even during traffic surges or extreme market volatility. Beyond Certification: A Clear Strategy Toward Global Compliance For KuCoin’s management, this certification represents more than just a technical achievement. CEO BC Wong confirmed that the SOC 2 audit is just one piece…
Filed under: News - @ April 16, 2025 11:16 pm