BitPay, the leading cryptocurrency payment provider, has made an announcement about completing the System and Organization Controls 2 (SOC2) examination, which was conducted by Atlanta-based accounting firm Aprio.
Thus, BitPay becomes the first crypto company in its niche to reach this level of security compliance. This provides reassurance that the company adheres to the highest security standards.
To achieve SOC 2 compliance required a significant amount of preparation and continuous ongoing review of BitPay’s processes and we are inspired by these results,” said Stephen Pair, CEO of BitPay.
Shiba Inu Burn Rate Jumps 7,240%, Over 1.1 Billion SHIB Vanish$2.2 Million per Bitcoin in Play, Max Keiser Says, As Saylor Gets Featured by ForbesMajor Amendment Goes Live on XRP LedgerXRP at Its Calmest: Here's What's Happening, Solana (SOL) Gains 7% in Hours in Massive Surge, Ethereum (ETH) to Get Tested at $3,330
Yuri MolchanBack in January, Gemini became the first cryptocurrency exchange to achieve the same feat, which proved the Winklevoss twins’ determination to put security first.
Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.
Godfrey Benjamin
Yuri Molchan
Dan Burgin
Vladislav Sopov