SOC 2 and the CryptoCurrency Security Standard (CCSS) are both security frameworks, but they were designed for different purposes.
SOC 2 is a broad security and operational controls framework that applies to many types of organizations and technologies. It evaluates how an organization manages areas such as security, availability, confidentiality, and change management across its overall environment.
CCSS is specifically focused on systems that store, manage, or interact with cryptocurrency and digital assets. It addresses risks and operational requirements that are unique to digital asset systems, such as key generation, key storage, signing processes, wallet architecture, multisigner controls, backups, and recovery procedures.
A company can be SOC 2 compliant and still have significant weaknesses in how its cryptocurrency systems are secured because SOC 2 does not deeply evaluate many digital asset-specific controls.
In practice, the two frameworks are often complementary. SOC 2 helps demonstrate broad organizational security practices, while CCSS provides detailed guidance and assessment criteria specifically for cryptocurrency and digital asset security.