Binance receives ISO certification by European bodies
The exchange has received ISO 27001 accreditation that is a global benchmark for healthy security practice. The certification supports compliance with various European Union data protection laws, including the NIS cybersecurity and EU GDPR regulations. The accreditation will assist the exchange in its operations across Europe.
Furthermore, the significance of the accreditation is increased by the fact that Binance received it from two well-esteemed bodies consisting of Norway’s DNV and the United Kingdom’s UKAS. More surprisingly, this is the first time that these bodies have certified a crypto-related company. Binance was examined across more than a hundred (114) categories, including security policy, asset management, information system development, and maintenance.
Binance CEO Changpeng Zhao commented on the matter stating that the company’s top focus has always been and will be security. The company takes pride in the security it provides and receiving recognition from both DNV and UKAS. He then added that the ISO certification shows the company’s commitment towards providing customer security.
Changpeng Zhao broke the news in a Twitter post stating that the company is getting higher “SAFU” standards for the crypto industry. SAFU is a term that has become synonymous to “safe.” The word initially surfaced in a youtube video that made a parody of Zhao’s tweet back in March 2018.
Now Binance is ready to roll with latest ISO certification that will hopefully propel it across Europe. Changpeng Zhao is all ready to ride the SAFU wave, nailing the meme all the way through. The company has also launched services on its US branch called Binance.US. The platform currently offers seven trading pairs