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Binance Reaches a New Level of Reliability; Receives Top-Level Accreditation & Certifications

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Leading Exchange Binance has recently received ISO27001 accreditation and has also been certified by Det Norske Veritas(DNV) and United Kingdom Accreditation Service(UKAS), two world-renowned international accreditation bodies. 

First DNV and UKAS Certified Crypto Exchange

Per a recent tweet, by Binance’s official Twitter handle, Binance is now among the first global crypto-asset platforms to receive ISO27001 accreditation. Furthermore, it is the first crypto platform to be certified by DNV & UKAS. 

Source- Twitter

DNV is the world’s largest accredited registrar and classification society and UKAS is the sole national accreditation body recognized by the British government. ISO27001  certification provides enhanced information security management, which is good for traders and crypto-asset holders on the platform as it guarantees the safekeeping of their data.

From The CEO’s Desk

In an official statement,  Binance CEO CZ said,

Security has always been the utmost priority for Binance and our users, and we are honored that Binance’s security management is recognized by the respected DNV and UKAS. We appreciate the great amount of trust that our users have placed in us. We are committed to continuously securing our users’ information and assets by further strengthening our security system. 

Rigorous Auditing Procedures

To achieve the certification, Binance has passed an examination of 114 criteria across 14 categories. These categories include asset management, operation security, security policy, information systems acquisition, development, and maintenance.

Earlier this year, Crypto.com became the first crypto platform to receive an ISO/IEC 27001:2013 certification and PCI: DSS Level 1 Compliance. The certifications were granted after rigorous third-party security audits. International certification agency Bureau Veritas led the audit and covered multiple departments, functions, and products such as Crypto.com’s Wallet & Card App.

MATIC Margin Trading Added on Binance Platform

Binance in a recent update announced that it has added margin for MATIC. The coin can be paired with Bitcoin(BTC) and Tether(USDT).

Source- Twitter

Binance Hints At Tezos Staking

Yesterday, Binance announced the listing of Tezos with pairs of Bitcoin(BTC), Tether(USDT) and Binance Coin(BNB). When questioned about the exchange’s intention to allow Tezos staking, CZ responded with a “happy” emoji. Following the announcement, the price of TEZOS jumped up by 4%. Also, Binance, in another update announced its sixth phase of lending products. The launch is slated for the 25th of September.

Considering Binance’s ongoing developments, it is likely that the exchange will gradually attract more trading volume as it continues to work in interests of customers and traders. This further implies that it might significantly affect crypto prices as well. What will be Binance’s next move? Let us know,  what you think? 

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