Binance TH, a mutual venture between Binance and Gulf Edge Co. Ltd in Thailand, has recently obtained a huge milestone in its endeavor for user privacy and security. As per Binance TH, the centralized crypto exchange has earned a couple of prominent global certifications, including ISO 27701 and ISO 27001 for privacy and security management, from the British Standards Institution. The platform took to social media to disclose this landmark achievement.
Congrats to @Binance_TH_ for achieving these milestones! #Binance is committed to maintaining industry-leading security and privacy measures for all users.Let's continue building a safe blockchain ecosystem together! https://t.co/2h18PNSjZK
— Richard Teng (@_RichardTeng) November 28, 2024
The British Standards Institution Awards Binance TH with Privacy and Security Certifications
The company mentioned that the ISO 27701 and ISO 27001 certifications for user privacy and security highlight its dedication. It added that getting these certifications from the British Standards Institution assists it in becoming a secure and trustworthy platform in Thailand. ISO 27001 refers to a gold standard concerning information security administration systems. It guarantees that Binance TH complies with stringent security protocols for the protection of consumer data and the prevention of unauthorized access.
However, ISO 27701 denotes a privacy-focused certification, demonstrating Binance TH’s potential to responsibly manage individual data. It aligns with the worldwide privacy standards apart from compliance requirements like the GDPR. Binance TH disclosed its gratitude for consumer support. The respective certifications reinforce its objective to deliver a reliable and secure platform for digital assets.
Binance CEO Congratulate the Exchange for the Landmark Certifications
Richard Teng, the CEO of Binance, also expressed thrill on this development. The executive congratulated Binance TH for these landmark certifications. This backs Binance’s vision to promote a transparent and secure blockchain network while abiding by international standards. According to Binance TH, this achievement raises the platform’s position among Thailand-based consumers. Moreover, these certifications set an exclusive benchmark for the rest of the digital asset entities, supporting the significance of resilient privacy and security.