Bitcoin ‘Vault’ Elliptic Meets Global Auditing Standard

By January 12, 2015Bitcoin Business

KPMG building Digital currency storage service Elliptic has obtained ISAE 3402 accreditation – a global standard for financial reporting – from auditing specialist KPMG.

The ISAE 3402 Type 1 or SOC1/2 review  scrutinises various aspects of a business, including financial controls, regulatory compliance including AML and KYC measures, financial controls, code deployment, disaster recovery, segregation of duties and offline bitcoin storage techniques.

The UK-based storage provider says it is the first bitcoin company to receive the accreditation and that […]

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