CryptoCom Becomes First Crypto Exchange To Comply With SOC 2 Standards

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Singapore-based CryptoCom has announced that it is SOC 2 certified thanks to an audit by global consulting firm Deloitte. This makes it the first cryptocurrency exchange to achieve this internationally recognized standard in traditional finance.

The most secure crypto exchange, certified by Deloitte

According to a recent press release, Crypto.com has successfully completed the SOC 2 (Service Organization Control) audit – a common standard in traditional finance that attests to the reliability of a company’s information practices, policies and operations. .

🔒 Safety first: The world’s most secure encryption platform is now even more secure.

https://t.co/vCNztATSCO is now SOC 2 certified, audited by @Deloitte

Full details 👉 https://t.co/v8GaHN0toO#security #crypto pic.twitter.com/i9whBMH43Z

– Crypto.com (@cryptocom) November 23, 2021

This means that Crypto.com has been certified as the most secure crypto trading platform in existence and the first crypto exchange to pass SOC 2 standards. Behind the audit is Deloitte, an international firm that provides services to audit, advice, taxation and advice to brands around the world.

The company said adhering to SOC 2 standards reaffirms its commitment to data privacy and security, and that it will continue to invest in improving its platform to deliver the highest standards in the world. sector.

“I am extremely proud of our SOC 2 compliance and show our commitment to security, privacy and regulatory compliance which have been cornerstones of our business from day one,” said Kris Marszalek, Crypto Co-Founder and CEO .com.

CRO is gaining ground following new transactions and partnerships

The firm has continued to forge new partnerships this year. As CryptoPotato reported, Staples Center – the home of the LA Lakers basketball team – will be renamed Crypto.Com Arena due to 20-year naming rights deal worth 700 million of dollars. The transition will take place on Christmas Day during a hosted game where the spotlight will focus directly on the Crypto.com brand.

CRO, the native token of the exchange, has hit incredible highs over the past three months, with gains of over 430%. The token is now traded at $ 0.85, with a market cap of over $ 21 billion, after rising 103.98% over 7 days. After hitting an all-time high, Crypto.com launched an OTC (Over-the-counter) portal to transparently allow institutional and VIP clients to conduct large transactions.

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