PANews, June 3 - According to official news, the cryptocurrency exchange Kraken announced that its institutional custody service has passed the SOC 2 Type 2 audit, which verifies the ongoing effectiveness of its security controls over a 6-12 month audit period. This audit is established by the American Institute of Certified Public Accountants (AICPA) and is based on five trust service principles: security, availability, processing integrity, confidentiality, and privacy. Chief Security Officer Nick Percoco stated that this certification enhances institutional clients' trust in the integrity of platform operations, but emphasized that security is a continuous process.