CoinSpot receives Blockchain Australia Certification
CoinSpot has now officially been awarded the certification as a Blockchain Australia Certified Digital Currency Exchange provider. CoinSpot has long since been a proponent to the Australian Digital Currency Industry Code of Conduct and receiving this certification only solidifies CoinSpot’s position as Australia’s most trusted exchange.
The Australian Digital Currency Industry Code of Conduct sets out a number of different requirements in different business areas to ensure the best practice standards of the operation of Digital Currency Businesses in Australia. These areas include; legal & compliance procedures, customer protection, transparent pricing, dispute resolution processes, as well as data security. Achieving this certification requires meeting and exceeding these standards via an independent audit process that is ongoing, requiring future audits in order to retain the certification.
“Blockchain Australia is very pleased to announce that Coinspot has achieved certification under the Australian Digital Currency Industry Code of Conduct. The Australian Digital Currency Industry Code of Conduct establishes best-practice standards for digital currency businesses in Australia. Businesses who are certified under the Code of Conduct offer peace of mind to consumers as they have passed an independent external audit process and successfully demonstrated compliance with these standards. We commend Coinspot for undertaking this process. Certification under the Code of Conduct is a valuable confirmation that Coinspot have adhered to best-practice standards through a rigorous external auditing process.” – Steve Vallas, CEO, Blockchain Australia.
Certifications such as this and CoinSpot’s recently awarded ISO-27001 Certification for Information Security Management should provide assurance and certainty to customers that they are receiving the highest level of customer service and information security available in the industry.
“We believe that as a community we are still relatively early in realising the benefits that blockchain technology is bringing into our lives and our communities. With so many new and exciting businesses entering the space it is important to provide consumers with independent and verifiable information, resources and service providers to enable them to make informed decisions. For this reason CoinSpot is proud to be a Blockchain Australia Certified Exchange provider.” – Russell Wilson, CEO, CoinSpot.
