CryptoCom Becomes First Crypto Exchange to Comply With SOC 2 Standards

The audit of global consulting firm Deloitte led to the certification of CryptoCom, a Singapore-based company. This marks the first cryptocurrency exchange to be certified by this international standard in traditional finance.

Deloitte Certified Crypto Exchange Secure

According to a press release, Crypto.com successfully completed the SOC 2 audit (Service Organization Control). This is a standard in traditional finance that attests a company’s trustworthiness with regard to its information practices, policies and operations.

Security First: The most secure crypto platform in the world is now even safer.

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

Full details

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

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

Crypto.com was certified as the safest crypto trading platform and first to meet the SOC 2 standards. Deloitte is an international firm that provides tax and advisory services as well as auditing services for worldwide brands.

According to the firm, meeting SOC 2 standards has reaffirmed its commitment data privacy and security. It will continue to invest in its platform to ensure the industry’s highest standards.

“I am very proud of our SOC 2 Compliance and shows our commitment security, privacy and regulatory compliance which has been the cornerstones our business from day one,” Kris Marszalek said, Crypto.com CEO and Co-Founder.

New Partnerships and Deals Help CRO Gain Ground

This year, the firm has continued to forge new partnerships. As CryptoPotatoreported, the Staples Center – the home of the basketball team LA Lakers – will be renamed to Crypto.Com Arena due to a 20-year naming rights agreement worth $700 million. The move will take place on Christmas Day, during a game hosted by Crypto.com.

The exchange’s native token CRO has seen incredible gains over the past three months with gains of more than 430%. After a surge of 103.98% in 7 days, the token now trades at $0.85 and has a market capital of more than $21 billion. Crypto.com launched an OTC portal (Over-the Counter) to allow VIP and institutional clients to trade large amounts of cryptocurrency after hitting an all-time high.

Read More

2021's Most Anticipated Growth & Wealth-Building Opportunity

Join Thousands of Early Adopters Just Like You Who Want to Grow Capital and Truly Understand Cryptocurrency Together

Marla Brooks

Marla Brooks – Financial Analysis My name is Marla Brooks, and I am the mainstream behind the”observednews.com”  for the powerful and most delicate insights into the latest activities in the financial analysis category. I started my journey as an independent financial consultant. I had approximately nine years of experience in this field. I am free soul so; my passion for exploring the world has taken me to the nations across the globe and given me the chance to report for a portion of the best news associations. Currently, I am a full-time editor as experienced in finance and started to use my abilities.

2021's Most Anticipated Growth & Wealth-Building Opportunity

Join Thousands of Early Adopters Just Like You Who Want to Grow Capital and Truly Understand Cryptocurrency Together

Close Bitnami banner
Bitnami