Circle, a prominent fintech company, has passed a rigorous SOC 2 Type 2 audit, demonstrating their robust security practices and unwavering dedication to safeguarding clients’ information.
We successfully passed a SOC 2 Type 2 audit conducted by @AICPA, achieving a significant accomplishment in meeting compliance requirements.
— Circle (@circle) April 16, 2024
An AICPA-approved audit of Circle’s security measures, conducted over a period of time, underscores their commitment to maintaining robust data protection practices.
Marlys Rodgers, Circle’s Chief Information Security Officer, expressed, “This milestone reaffirms Circle’s steadfast dedication to safeguarding our customers’ possessions and ensuring the security of their personal and financial information.”
The examination of over 100 safety, secrecy, and system reliability measures in Circle’s operations underscores their dedication to secure practices, thereby boosting confidence among users and regulatory bodies.
Furthermore, Circle is broadening its regulatory reach in the EU by establishing France as its primary regulatory and operational base under the MiCA framework. This choice reflects France’s welcoming attitude towards cryptocurrencies and proactive regulatory approach, setting the stage for Circle to continue thriving.
Through collaborations like the one between Circle and BlackRock, which enhances Circle’s smart contract capabilities, the company highlights its commitment to merging digital currencies with conventional finance. This alliance contributes significantly to the expanding acceptance of cryptocurrency.
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2024-04-17 09:08