Binance TR Demonstrates High Security & Privacy Standards Through Global Certifications
2 November 2023, Istanbul, Turkey – Binance TR, Turkey’s leading crypto asset service provider, announced today that it has been awarded the ISO 27001 and ISO 27701 certifications for information security governance and privacy information management. By achieving this notable milestone, the local exchange platform demonstrates its continued commitment to offer Turkish residents a safe and secure platform within the blockchain space.
Binance TR secured the ISO 27001 and ISO 27701 certifications for meeting internationally recognized standards in information security governance and privacy information management respectively. Since its launch in late 2020, developing robust security and privacy measures and processes has been among the most important priorities for Binance TR. The ISO certifications are evidence of the consistent efforts and resources dedicated by the company on these fronts.
BSI – an external and independent multinational certification body with over 100 years of experience shaping best practices – awarded the two ISO certifications to Binance TR this month after conducting a thorough and comprehensive evaluation of the security and privacy domains of its operations.
Mucahit Donmez, General Manager of Binance TR, shared: “Establishing high standards in information security and privacy information processes are hallmarks of a reliable, trustworthy company. That is exactly what we have demonstrated here at Binance TR by securing these internationally recognized certifications. We hope that our users will feel more assured knowing that their assets and information are protected in line with the most updated global standards.”
This latest milestone achievement by Binance TR echoes that which Binance achieved in France, Bahrain, and United Arab Emirates earlier this year. Moving forward, Binance TR will undergo annual surveillance audits to ensure continued conformity with the standards set out within both the ISO 27001 and ISO 27701 certifications.
In an industry as nascent and fast-evolving as blockchain, Binance recognizes that adherence to well-established industry standards and regulations will help the blockchain ecosystem build trust and reliability with the broader global community. That is why Binance and other organizations within its ecosystem, including Binance TR, are always looking to expand its security, privacy, and compliance certifications where relevant. The Security Governance team at Binance has played a crucial and leading role in these accomplishments. Their relentless dedication to security and compliance standards has been instrumental in creating a blockchain ecosystem that inspires trust and reliability. These efforts complement the Binance ecosystem’s commitment to help make the blockchain ecosystem safe and secure for all.
About Binance TR
Binance TR is a crypto asset service provider established in 2020 in accordance with Turkish regulations. The platform operates exclusively in Turkey and is subject to obligations set forth by MASAK (Financial Crimes Investigation Board), a Turkish financial intelligence unit. Binance TR offers a comprehensive suite of services to its users, including 24/7 local fiat currency (Turkish Lira) deposits and withdrawals, spot market trading for over 130 Turkish Lira pairs, OTC conversion, automated investments, and secure digital wallet facilities.