World Crypto Global
- Written by: Jared Kirui
- Mon, 13 May 2024
- Israel
Kazakhstan has recognized Binance's local entity withISO 27001 and ISO 27701 certifications, the cryptocurrency exchange announcedtoday (Monday). The British Standards Institution awarded Binance thesecertifications after conducting an audit on the exchange's commitment toproviding a secure and reliable platform for cryptocurrency users in theregion.Security and Privacy StandardsBinance lauded this achievement, terming it as atestament to its commitment to adhering to globally recognized standards forinformation 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 andpersonal information.Vishal Sacheendran, the Head of Regional Markets atBinance, mentioned: "Setting high benchmarks for information security andprivacy processes is a hallmark of a trustworthy, reliable firm. By securingthese internationally recognized certifications at Binance Kazakhstan, wevalidate that we meet these high standards. We hope that our users will feelsignificantly reassured knowing their assets and personal information areprotected 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, 2024Last year, Binance secured similar certifications inFrance, Bahrain, and the United Arab Emirates. The external auditorA-LIGN awarded Binance the certifications for meeting international standardsin information security governance and privacy information management. ISO Certifications in France, Bahrain, and UAEJimmy 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 continuouslyimproving, adapting, and innovating to ensure that Binance remains at theforefront of safeguarding the blockchain ecosystem."Last year, Binance officially launched its services in Kazakhstan, marking its entry into Central Asia. The exchange, which obtained apermanent license in the country the previous year, partnered with a local bankto facilitate fiat transfers. Binance Kazakhstan offers a range of services,including trading, custody of digital assets, and deposit andwithdrawal of fiat currencies.This article was written by Jared Kirui at www.financemagnates.com.
