KuCoin achieves ISO/IEC 42001:2023 certification for AI management

KuCoin announced on August 20 that its Artificial Intelligence Management System, known as AIMS, has been certified under the ISO/IEC 42001:2023 standard. The certification covers the governance and responsible deployment of AI across the exchange’s operations, from market surveillance to anti-money laundering and fraud detection. What the certification actually covers ISO/IEC 42001:2023 is the first international standard specifically designed for artificial intelligence management systems. The standard requires organizations to demonstrate transparency in how AI is deployed, establish clear lines of accountability, and commit to continuous improvement. In practical terms for KuCoin, that means its AI-driven tools for spotting suspicious transactions, monitoring market manipulation, and handling customer inquiries have been evaluated against a formal governance framework. KuCoin CEO BC Wong framed the achievement in terms of trust rather than technological superiority. “We believe the future of the industry will not be defined simply by more advanced AI, but by more trusted AI.” Building on an existing compliance stack The AI certification doesn’t exist in a vacuum. KuCoin has bee...