Bitcoin tax firm Libra granted same credentials as Amazon, ICE & Oracle

posted 3 months ago
Libra, a venture-backed startup that builds a wide range of accounting software for crypto, and is announcing its own SOC report today. “We think that the auditability of this asset class is a really big hurdle to broader adoption,” says Jake Benson, founder and CEO of Libra. “And to have this certification is a milestone for the industry at large.”

It's worth noting that SOC reports must comply with standards set up by the the American Institute of Certified Public Accountants. Libra tailors its policies, procedures and controls to the cryptocurrency space. "We're doing the same thing that we've always done from a technical standpoint," says Benson. "But that certification allows us to serve a new realm of the industry."
Tags: bitcoin, news