Binance Kazakhstan Achieved 2 Certifications For Information Security And Privacy

Key Points:

• Binance Kazakhstan secures ISO 27001 and ISO 27701 certifications, affirming adherence to global standards for information security and privacy management.
• Former Binance Kazakhstan GM Zhaslan Madiev was appointed as Kazakhstan’s Minister of Digital Development, coinciding with Binance’s legal challenges and leadership changes.
• Despite setbacks, Binance reaffirms its commitment to user protection and industry leadership through ISO certifications and strategic governmental ties.

Binance Kazakhstan has achieved a significant milestone by obtaining ISO 27001 and ISO 27701 certifications for information security governance and privacy information management, respectively.

Binance Kazakhstan Attains ISO Certifications for Information Security and Privacy

The certifications, awarded by the British Standards Institution (BSI), validate the platform’s adherence to internationally recognized quality and consistency standards. CEO Richard Teng announced this development on social media platform X.

These certifications affirm Binance Kazakhstan’s commitment to providing a secure and reliable platform for crypto users in the region. Vishal Sacheendran, Head of Regional Markets at Binance, emphasized the importance of these certifications in fostering trust and ensuring user protection.

Binance Bolsters Commitment to User Protection Amidst Legal Challenges

The appointment of Zhaslan Madiev, former General Manager of Binance Kazakhstan, as the Minister of Digital Development in Kazakhstan, coincides with these achievements. Madiev’s appointment comes at a crucial time for Binance amidst legal challenges and leadership changes. Former CEO Changpeng Zhao‘s resignation and legal issues had caused market uncertainties, leading to price drops in major cryptocurrencies.

However, with Madiev assuming a key governmental role, Binance strengthens its position as a leading player in the crypto landscape. Despite recent setbacks, Binance remains focused on upholding the highest standards of security and governance, as evidenced by the ISO certifications attained by its Kazakhstan division.