KuCoin Celebrates SOC 2 Type II Certification for Enhanced Security and Compliance

KuCoin Achieves SOC 2 Type II Certification

KuCoin, renowned as one of the top cryptocurrency exchanges globally, has successfully completed its SOC 2 Type II audit, reinforcing its commitment to uphold exemplary security and compliance standards. This significant accomplishment is a testament to the exchange’s efforts to safeguard its users’ data while ensuring reliability in system operations.

The SOC 2 compliance framework is an internationally recognized auditing standard designed to evaluate how well organizations manage sensitive data and secure user information through efficient internal controls. The Type II certification specifically scrutinizes how these controls operate over a designated period, ensuring they function effectively in protecting customer data.

Conducted by Decrypt Compliance over the course of a year, this comprehensive audit examined various aspects of KuCoin's systems, policies, and procedures to ensure alignment with industry-standard Trust Services Criteria. The thorough independent assessment confirmed that the security measures implemented at KuCoin are robust and dependable.

BC Wong, CEO of KuCoin, expressed pride in this achievement and emphasized the company's dedication to strict security measures and operational excellence. He stated, "Obtaining the SOC 2 certification highlights our commitment to establishing comprehensive security protocols and operational controls. This is a crucial step in our compliance strategy, which has included mandatory KYC processes for all users and the pursuit of compliance certifications in multiple countries, alongside acquiring the MiCAR license. Achieving the SOC 2 certification is a landmark moment on our journey toward creating a secure, transparent, and trustworthy platform for all users."

This certification not only symbolizes KuCoin's operational efficiency but also serves as a pledge to its expansive global community of over 40 million users. The exchange is committed to continuously enhancing its security framework, boosting transparency, and fostering a resilient trading atmosphere where both experienced and novice traders can participate with assurance.

Looking ahead, KuCoin plans to further elevate its security standards, invest in emerging technologies, and maintain transparent communication with its users regarding ongoing improvements and security practices. The company is determined to develop an inclusive trading environment where the global crypto community can trade and invest in digital assets with confidence.

For those interested in learning more about KuCoin's ongoing security initiatives, visit the KuCoin Security page. Founded in 2017, KuCoin has grown to be a leader in the digital economy, built on strong blockchain infrastructure and exceptional user experience. The platform supports over 40 million users worldwide, providing extensive solutions ranging from wallets and trading to payments and research.

Recognized as one of the "Best Crypto Apps and Exchanges" by Forbes, KuCoin has also made its mark among the "Top 50 Global Unicorns" according to Hurun in 2024. This distinguished acknowledgment reflects its unwavering dedication to user-centric principles and core values such as integrity, accountability, and a relentless pursuit of excellence. To discover more about KuCoin, visit KuCoin's official website.