PANews reported on April 7 that KuCoin, the world's leading cryptocurrency exchange, has successfully completed the SOC 2 Type II audit, marking a major achievement in ensuring security and compliance. The audit demonstrated KuCoin's firm commitment to security, availability, confidentiality, privacy, and processing integrity.

SOC 2 is an internationally recognized audit standard that assesses how a company protects customer data and ensures system reliability through strict internal controls. SOC 2 Type II certification specifically focuses on the effectiveness of a company's internal controls over a specific period of time. This comprehensive audit was conducted by Decrypt Compliance, a one-year review that evaluated KuCoin's policies, procedures, and systems to ensure they meet industry-standard trust service standards. The independent audit confirmed that KuCoin's security practices are sound and reliable.