PANews reported on April 7th that, according to official sources, the global leading cryptocurrency exchange Kucoin has successfully completed the SOC 2 Type II audit, marking a significant achievement in ensuring security and compliance. This 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 companies protect customer data and ensure system reliability through rigorous internal controls. SOC 2 Type II certification specifically focuses on the effectiveness of internal controls over a specific period. This comprehensive audit, conducted by Decrypt Compliance over a one-year review, evaluated Kucoin's policies, procedures, and systems to ensure they meet the industry's trust service standards. The independent audit confirmed that Kucoin's security practices are sound and reliable.