The world’s largest crypto exchange Binance’s subsidiary Binance Kazakhstan on Monday received top quality standards certifications after an in-depth audit by the British Standards Institution (BSI). Binance Kazakhstan has joined other subsidiaries in France, Bahrain, the United Arab Emirates, and Turkey to undergo annual surveillance audits.

Binance Kazakhstan Gets ISO Certifications for Privacy and Security

In an official announcement on May 13, Binance said its subsidiary Binance Kazakhstan has attained the ISO 27001 and ISO 27701 certifications by the British Standards Institution (BSI).

The ISO 27001 and ISO 27701 certifications are awarded for maintaining international standards of information security governance and privacy information management, respectively. BSI conducted an in-depth audit of Binance Kazakhstan’s security controls, policies, and processes, confirming the platform’s internationally recognized standards for quality and consistency for internal systems and processes.

Binance CEO Richard Teng also took to X to share the exciting development with the crypto community. He said “Our commitment to robust security and privacy measures for all users remain steadfast. Let’s continue building a safe blockchain ecosystem! You deserve nothing less.”

“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,” stated Vishal Sacheendran, Head of Regional Markets at Binance.

Also Read: Terra Luna Classic (LUNC), USTC Removed From Luna Foundation Guard

Binance’s Commitment to Quality

Binance has attained similar certifications of high standards in France, Bahrain, the United Arab Emirates, and Turkey to continue pushing for global efforts to provide a secure and reliable blockchain environment.

The crypto exchange’s internal systems and processes have been challenged by regulators including the U.S. Securities and Exchange Commission (SEC). Binance’s US arm Binance.US has faced trading volume shortfall as compared to domestic competitors after the heightened regulatory attacks on the exchange.

Also Read:

BounceBit Price Rallies 90% As Binance Extends Support For BB
Catwifhat Price Drops After a Week Rally: Sell or HODL
Bitcoin Investment Products See Inflows First Time In Five Weeks, Upside Confirmed?

The post Breaking: Binance Subsidiary Receives Top Privacy & Security Certifications From BSI appeared first on CoinGape.

---

Filed under: News - @ January 1, 1970 12:00 am