Breaking News
Get Actionable Insights with InvestingPro+: Start 7 Day FREE Trial Register here
Investing Pro 0
Ad-Free Version. Upgrade your experience. Save up to 40% More details Commits to Security and Data Privacy With SOC 2 Compliance

CryptocurrencyNov 24, 2021 06:30AM ET
Saved. See Saved Items.
This article has already been saved in your Saved Items Commits to Security and Data Privacy With SOC 2 Compliance

  • becomes the first crypto platform to get SOC 2 certification.
  • And, ISO27001, ISO27701, PCI: DSS 3.2.1 (Level 1).
  • It also achieved the highest ‘Adaptive’ maturity levels for the NIST Cybersecurity Framework and NIST Privacy Framework. has been on the news lately for all things good. The crypto exchange has become one of the fastest-growing crypto apps with a market capitalization of over 22 billion. The leading exchange keeps updating its over 10 million community of investors about its upgrades, thereby creating a connection that will consequently build more trust and a stronger CRO community.

The world’s booming exchange and DeFi Wallet, announces it has effectively completed the Service Organization Control (SOC) 2 Audit. According to their press release, the audit was carried out by globally established audit and consulting firm Deloitte.

By all means, has shown that its operations, policies, security practices, and procedures meet the SOC 2 standards for security, privacy, confidentiality, and availability. To clarify, the SOC 2 verification implies that proved it has enforced stringent policies and procedures in line with the AICPA Trust Services Criteria. says it is now the first crypto platform in the world to be certified for ISO27001, ISO27701, PCI: DSS (Level 1). It has also attained the highest maturity levels for several NIST frameworks rated ‘Adaptive (Tier 4).’

Adaptive (Tier 4) is the highest level possible developed by the U.S. Department of Commerce for the National Institute of Standards and Technology (NIST) Cybersecurity Framework. And also, the latest NIST Privacy Framework. By conducting the SOC 2 audit, has set a precedent for other crypto platforms to emulate. Also, this will help bring cryptocurrency to the mainstream.

Jason Lau, the Chief Information Security Officer of reaffirms by noting that the SOC 2 certification is yet another step to reinforce’s continuous commitment to data privacy and security. He mentions that the ever-evolving threats in the crypto space will get them to ensure they continue maintaining the highest level of security and data privacy to their customers.

Co-Founder and CEO of, Kris Marszalek, add on,

I am extremely proud of our SOC 2 compliance, and [this] shows our commitment to security, privacy, and regulatory compliance which have been cornerstones of our business since day one. Having recently surpassed 10 million users, we will continue investing aggressively in building a trusted platform for our users that maintains the highest standards of security and privacy in the industry.

Continue reading on CoinQuora Commits to Security and Data Privacy With SOC 2 Compliance

Related Articles

Add a Comment

Comment Guidelines

We encourage you to use comments to engage with other users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind:  

  •            Enrich the conversation, don’t trash it.

  •           Stay focused and on track. Only post material that’s relevant to the topic being discussed. 

  •           Be respectful. Even negative opinions can be framed positively and diplomatically. Avoid profanity, slander or personal attacks directed at an author or another user. Racism, sexism and other forms of discrimination will not be tolerated.

  • Use standard writing style. Include punctuation and upper and lower cases. Comments that are written in all caps and contain excessive use of symbols will be removed.
  • NOTE: Spam and/or promotional messages and comments containing links will be removed. Phone numbers, email addresses, links to personal or business websites, Skype/Telegram/WhatsApp etc. addresses (including links to groups) will also be removed; self-promotional material or business-related solicitations or PR (ie, contact me for signals/advice etc.), and/or any other comment that contains personal contact specifcs or advertising will be removed as well. In addition, any of the above-mentioned violations may result in suspension of your account.
  • Doxxing. We do not allow any sharing of private or personal contact or other information about any individual or organization. This will result in immediate suspension of the commentor and his or her account.
  • Don’t monopolize the conversation. We appreciate passion and conviction, but we also strongly believe in giving everyone a chance to air their point of view. Therefore, in addition to civil interaction, we expect commenters to offer their opinions succinctly and thoughtfully, but not so repeatedly that others are annoyed or offended. If we receive complaints about individuals who take over a thread or forum, we reserve the right to ban them from the site, without recourse.
  • Only English comments will be allowed.

Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at’s discretion.

Write your thoughts here
Are you sure you want to delete this chart?
Post also to:
Replace the attached chart with a new chart ?
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Thanks for your comment. Please note that all comments are pending until approved by our moderators. It may therefore take some time before it appears on our website.
Are you sure you want to delete this chart?
Replace the attached chart with a new chart ?
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Add Chart to Comment
Confirm Block

Are you sure you want to block %USER_NAME%?

By doing so, you and %USER_NAME% will not be able to see any of each other's's posts.

%USER_NAME% was successfully added to your Block List

Since you’ve just unblocked this person, you must wait 48 hours before renewing the block.

Report this comment

I feel that this comment is:

Comment flagged

Thank You!

Your report has been sent to our moderators for review
Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.
Continue with Google
Sign up with Email