Binance TH Lands Global Certifications, Showcasing the Platform’s Security And Privacy Excellence
Main Takeaways
Binance TH, a joint venture between Binance’s subsidiary and Gulf Edge Co. Ltd., has earned the prestigious ISO 27001 and ISO 27701 certifications.
These certifications, issued by the British Standards Institution (BSI), affirm Binance TH's status as Thailand’s leading digital-asset trading platform.
Binance TH's achievement underscores its dedication to maintaining the highest international standards in security and privacy, fostering trust and confidence in the digital-asset space.
Binance TH by Gulf Binance (“Binance TH”), a joint venture between Binance’s subsidiary and Gulf Edge Co. Ltd., has been recently awarded the prestigious ISO 27001 and ISO 27701 certifications. This achievement underscores the company's commitment to delivering a trustworthy, safe, and secure platform for Thai users in adherence with the highest international standards.
Markers of Excellence
The ISO 27001 and ISO 27701 certifications are internationally recognized benchmarks for information security governance and privacy information management. Binance TH's certifications were issued by the British Standards Institution (BSI), an independent and accredited certification body, following rigorous and comprehensive audits of its security and privacy controls, policies, and procedures. These credentials solidify Binance TH’s status as Thailand’s leading digital-asset trading platform.
“Being awarded these certifications recognizes the consistent efforts and dedication to the security and integrity of our operations, ensuring Binance TH is reliable and trustworthy for users and the broader blockchain ecosystem,” said Nirun Fuwattananukul, CEO of Gulf Binance Co., Ltd.. Binance TH, he added, is committed to upholding the highest standards in all aspects of its operations – an approach that is fundamental for inspiring trust and confidence in the digital-asset space.
According to Jimmy Su, Binance's Chief Security Officer, information security governance is a fundamental aspect of sustainable growth in the blockchain and digital-asset space today. Su highlighted how Binance supports the Thai joint-venture company on this front: “As part of our joint-venture commitment, we are providing Binance TH with the best-in-class technology and proven solutions. This ensures that users on the platform are protected in line with the highest global standards.”
Binance’s Global Standards
Achieving the certifications was the result of the local Binance TH team’s work, with sustained support from Binance’s Security Governance team. In recent months, Binance’s Security Governance drove similar accomplishments in several jurisdictions of the company’s operations, including France, Bahrain, United Arab Emirates, Turkey, and Kazakhstan. Like these entities, Binance TH will undergo annual surveillance audits to maintain consistent conformity with the requirements outlined within the ISO 27001 and ISO 27701 certifications.
Since its launch, Binance TH has prioritized the development of its data security and privacy programs. Obtaining these certifications demonstrates their progress, suggesting that pursuit of excellence will be the cornerstone of Binance TH’s operations as it continues to drive the growth of Thailand’s digital-asset ecosystem.
Further Reading
Royal Thai Police Recognizes Binance for Support in Combating Crypto Crime
Binance Appoints Grant Thornton Singapore as Global Accounting and Tax Advisor
ABOUT GULF BINANCE CO., LTD.
Gulf Binance Co., Ltd., a joint venture between Digital Anchor Holdings Limited, a whole subsidiary of Binance, the world’s largest cryptocurrency trading platform by trading volume, and Gulf Edge Co., Ltd., received digital asset exchange and brokerage operator licenses from Thailand’s Ministry of Finance in May 2023. Leveraging this authorization, the company proceeded to launch BINANCE TH by Gulf Binance (“BINANCE TH”) in November of the same year. With a focus on promoting digital asset adoption, ensuring user safety, enhancing digital literacy, and compliance with regulatory frameworks, BINANCE TH aims to contribute to the digital asset environment in Thailand. For additional information, visit: https://www.binance.th/th