KuCoin secures global AI management certification for crypto platform
The exchange said AI now supports a range of core financial and operational functions, including risk management, AML, fraud detection, market monitoring, customer service and automation.
KuCoin has obtained ISO/IEC 42001:2023 certification for its AI Management System, which supports its effort to establish formal governance for AI across its digital asset platform.
The standard is the first international certifiable standard specifically focused on AI management systems and establishes requirements for governing AI throughout its lifecycle, according to KuCoin. The certification covers the firm’s AI management system and the organizational functions supporting it.
BC Wong, CEO of KuCoin, said the company expects AI to play a growing role in digital finance while emphasizing the need for responsible governance alongside technological advances.
“Achieving ISO/IEC 42001 demonstrates our commitment to embedding responsible AI governance into the way we build, deploy and operate AI across our platform. As we continue to innovate, we remain equally committed to ensuring that every AI capability is transparent, accountable and designed to strengthen user trust,” Wong added.
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The certification adds an AI-specific layer to KuCoin’s existing Trust Framework, which includes ISO/IEC 27001 for information security, SOC 2 Type II for operational controls and ISO 22301 for business continuity and resilience.
The company said it will reinforce responsible AI deployment and continuous oversight across its global platform. AI is already used across areas such as risk control, AML, fraud detection, market surveillance, customer support and operational automation.