KuCoin Achieves SOC 2 Type II Certification, Enhancing Security for 40 Million Users

KuCoin, a leading global cryptocurrency exchange, has successfully completed its SOC 2 Type II audit, a significant milestone in its commitment to the highest security and compliance standards. The audit, conducted over a year by Decrypt Compliance, evaluated KuCoin's policies, procedures, and systems to ensure they align with industry-standard Trust Services Criteria. These criteria include security, availability, confidentiality, privacy, and processing integrity.

BC Wong, CEO of KuCoin, highlighted the importance of this achievement, stating that it underscores the exchange's dedication to implementing robust security measures and operational controls. This certification is part of KuCoin's broader compliance strategy, which includes mandatory Know Your Customer (KYC) procedures for all users and the active pursuit of compliance certifications in multiple countries, such as the MiCAR license. Wong emphasized that every step in this journey is a milestone towards building a secure, transparent, and trusted platform.

The SOC 2 Type II certification is not only a reflection of KuCoin's operational excellence but also a promise to its global community of over 40 million users. The exchange continues to strengthen its security protocols, enhance transparency, and ensure a resilient trading environment where both seasoned traders and newcomers can engage with confidence. This certification provides users with an added layer of confidence, knowing that their assets and personal information are protected by stringent security measures.

Looking ahead, KuCoin plans to further bolster its security measures, invest in cutting-edge technologies, and maintain an open line of communication with its users regarding security practices and operational improvements. The exchange remains focused on building an inclusive platform for the global crypto community, where users can confidently trade and invest in digital assets. This certification sets a high standard for the industry, encouraging other exchanges to adopt similar security and compliance measures, which can lead to a more secure and trustworthy industry.

Founded in 2017, KuCoin is one of the pioneering and most globally recognized technology platforms supporting digital economies. Built on a robust foundation of cutting-edge blockchain infrastructure, liquidity solutions, and exceptional user experience, KuCoin offers comprehensive digital asset solutions across wallets, trading, wealth management, payments, research, ventures, and AI-powered bots. With a connected user base exceeding 40 million worldwide, KuCoin has garnered accolades such as "Best Crypto Apps & Exchanges" by Forbes and has been recognized among the "Top 50 Global Unicorns" in 2024. This recognition reflects its commitment to user-centric principles and core values, which include integrity, accountability, collaboration, and a relentless pursuit of excellence.