Two System and Organization Control (SOC) attestation reports have been submitted to Coinbase’s premier broker platform, Coinbase Prime, which attests to an organization’s compliance with industry standards. Coinbase Prime Received SOC 1 and SOC 2 Attestations According to a blog article on Tuesday, Coinbase’s premier broker platform obtained SOC 1 Type 2 and SOC 2 Type 2 credentials from the American Institute of Certified Public Accountants (AICPA). Internal controls over financial reporting are examined by SOC 1, whereas controls based on the AICPA’s trust principles—security, availability, processing integrity, confidentiality, and privacy—are examined by SOC 2. Operational effectiveness is assessed in The post Coinbase Prime Network Receives Industry Attestation Reports appeared first on Cryptoknowmics-Crypto News and Media Platform .
