2024

April

USDC

Security

BlackRock

A leading financial technology firm, Circle has successfully <a href="https://www.circle.com/blog/circle-completes-soc-2-type-2-cybersecurity-audit" target="_blank" rel="noopener noreferrer nofollow" data-wpel-link="external">completed</a> a SOC 2 Type 2 audit, showcasing its strong security measures and commitment to protecting client data over time.
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 We reached a major compliance milestone by completing a SOC 2 Type 2 audit under the rigorous standards established by <a href="https://twitter.com/AICPA?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow" data-wpel-link="external">@AICPA</a>. <a href="https://t.co/XE6MklI2YL" target="_blank" data-wpel-link="external" rel="noopener noreferrer nofollow">https://t.co/XE6MklI2YL</a>— Circle (@circle) <a href="https://twitter.com/circle/status/1780238498848760057?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow" data-wpel-link="external">April 16, 2024</a>
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This audit, endorsed by the American Institute of Certified Public Accountants (AICPA), evaluates Circle’s security controls over time, highlighting its ongoing dedication to data protection.
Marlys Rodgers, Circle’s Chief Information Security Officer, said, “This achievement underscores Circle’s unwavering commitment to protecting our customers’ assets and maintaining the security of their personal and financial data.”
The audit, covering 100+ security, confidentiality, and system availability controls, reaffirms Circle’s commitment to secure operations, enhancing trust among users and regulators.
Additionally, Circle is expanding its regulatory footprint in the EU, selecting France as its regulatory and operational hub under the MiCA framework. This decision aligns with France’s crypto-friendly environment and active regulatory stance, positioning Circle for further growth.
Circle’s strategic partnerships, such as with BlackRock for smart contract functionality, showcase its integration of digital assets into traditional finance, advancing cryptocurrency adoption.
<blockquote class="wp-block-quote is-layout-flow wp-block-quote-is-layout-flow">
 Also Read: <a href="https://www.cryptotimes.io/2024/04/12/circle-introduces-buidl-fund-shares-to-usdc-exchange/" target="_blank" rel="noopener noreferrer nofollow" data-wpel-link="internal">Circle Introduces BUIDL Fund Shares to USDC Exchange</a>
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Circle Completes SOC 2 Type 2 Audit for Data Security

The Crypto Times

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