Kazakhstan has recognized Binance's local entity with ISO 27001 and ISO 27701 certifications, the cryptocurrency exchange announced today (Monday). The British Standards Institution awarded Binance these certifications after conducting an audit on the exchange's commitment to providing a secure and reliable platform for cryptocurrency users in the region.
Security and Privacy Standards
Binance lauded this achievement, terming it as a testament to its commitment to adhering to globally recognized standards for information security governance and privacy information management. Additionally, the crypto exchange mentioned that the recognitions validate its ability to meet high standards for safeguarding user assets and personal information.
Vishal Sacheendran, the Head of Regional Markets atBinance, mentioned: "Setting high benchmarks for information security and privacy processes is a hallmark of a trustworthy, reliable firm. By securing these internationally recognized certifications at Binance Kazakhstan, we validate that we meet these high standards. We hope that our users will feel significantly reassured knowing their assets and personal information are protected in line with the latest global standards."
#Binance Kazakhstan is proud to have been awarded the ISO 27001 and ISO 27701 certifications.This achievement highlights our strict adherence to international security and privacy standards.Read more ⤵️https://t.co/Zp5BInW3Dl pic.twitter.com/QWVzBUx3k7
— Binance (@binance) May 13, 2024
Last year, Binance secured similar certifications in France, Bahrain, and the United Arab Emirates. The external auditor A-LIGN awarded Binance the certifications for meeting international standards in information security governance and privacy information management.
ISO Certifications in France, Bahrain, and UAE
Jimmy Su, Binance's Chief Security Officer, said: "Users on our platform can be assured that their assets and information are protected in line with the latest global standards. We have a team of highly experienced security professionals who are continuously improving, adapting, and innovating to ensure that Binance remains at the forefront of safeguarding the blockchain ecosystem."
Last year, Binance officially launched its services in Kazakhstan, marking its entry into Central Asia. The exchange, which obtained a permanent license in the country the previous year, partnered with a local bank to facilitate fiat transfers. Binance Kazakhstan offers a range of services, including trading, custody of digital assets, and deposit and withdrawal of fiat currencies.
This article was written by Jared Kirui at www.financemagnates.com.
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