Security in the cryptocurrency market, and its related products, is a long-revered feature by both users and long-term investors.
While digital asset businesses firms boast of top-notch security and protection, hacks and scams have, time and again, led to an overall loss of confidence about the claims made by several firms.
To this end, some crypto firms are gaining internationally acclaimed, third-party security and standards verification to bolster consumer confidence.
On the heels of Cardano gaining an ISO certificate earlier last month, another Hong Kong business, Crypto.com, received a security rating from an international agency on June 2.
“Gold Standard” security
As per a release shared with CryptoSlate, Crypto.com, the Hong Kong-based crypto wallet and financial services firm, is one of the first to receive an ISO/IEC 27701:2019 privacy certification. The rating comes after extensive and numerous third-party audits.