Circle has completed a Systems and Organizational Control (SOC) 2 Type 2 audit. This audit was performed by the American Institute of Certified Public Accountants (AICPA) is proof that Circle's security measures are diligent to ensure client data is safe.
In contrast to a SOC 2 Type 1 report, which examines the design of a security system at a specific point in time, a Type 2 audit evaluates the effectiveness of these controls over time and provides a more comprehensive view of the data regime in which a company operates. provide a view.
Circle's Chief Information Security Officer, Marlys Rodgers, emphasized that successful SOC 2 Type 2 audits are critical to demonstrating the company's commitment to maintaining the highest information security standards. Rogers said the results will give customers and stakeholders a detailed view of the effectiveness of Circle's security measures and operations.
Circle’s continued commitment to security
The SOC 2 Type 2 assessment covered over 100 separate controls related to security, confidentiality, and system availability. The success of this audit reaffirms Circle's dedication to secure operations and helps strengthen its image and credibility among users and regulators.
Comply with all these quality standards, circle We ensure that all client financial and personal data is kept complete and secure.
Additionally, the positive audit results also support Circle's strategic objective of pursuing transparency and integrity in its operations.
Expansion and regulatory compliance
Additionally, beyond its security benefits, Circle continues to grow in terms of its regulatory and operational footprint in the EU. France It will serve as MiCA's regulatory and operational headquarters.
This decision follows France's growing presence in the cryptocurrency industry, spurred by a favorable policy environment and a favorable technology sector. The French authorities' cryptocurrency regulatory activities and active developer community make France a promising destination for Circle and other similar companies.
At the same time, the company's launch of smart contract capabilities with BlackRock and interoperability with Ethereum's zkSync underscores the company's goal of integrating digital assets with traditional financial systems. As a result, these advances will further enhance the utility of Circle products and strengthen the incorporation of cryptocurrency technology into mainstream finance.
Also, despite the discontinuation of sales, USDC casting The company's continued efforts to grow its digital asset services on the TRON blockchain demonstrate its focus on risk management and platform integrity.
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