Binance adds yet another feather in its cap. The firm made an announcement stating that it has officially received an ISO/IEC 27001 accreditation. With this, Binance becomes the first global crypto-asset platform to receive international information security standards.

DNV and UKAS have audited and certified this accreditation to the firm. DNV is the world’s largest accredited registrar and classification society. UKAS i.e United Kingdom Accreditation Service is the sole national accreditation body that has got recognition British government. For achieving this feat, the crypto giant had to pass an examination of 114 criteria across 14 categories. The categories included security policy, asset management, operation security, and information systems acquisition, development, and maintenance.

Binance CEO Changpeng “CZ” Zhao explained the significance of getting the ISO certification. It will help them secure a commitment from its users. This will also help them advance their investment and endeavors for the improvement of cybersecurity defense. This achievement will thus assure the exchange’s users to have faith in them after the big hack that happened in May.

The crypto giant Binance has always been making the headlines for its developments. The firm will soon add fiat-to-crypto over-the-counter(OTC) trading in its platform. It will thus let users access fiat currency gateways. In July, the firm launched futures trading on its platform as per the source.