The Good Tech Companies - BingX PCI DSS Certification Sets New Benchmark For Data Security In Web3

Episode Date: August 14, 2025

This story was originally published on HackerNoon at: https://hackernoon.com/bingx-pci-dss-certification-sets-new-benchmark-for-data-security-in-web3. BingX is among the... first cryptocurrency exchanges worldwide to earn this recognition. Check more stories related to web3 at: https://hackernoon.com/c/web3. You can also check exclusive content about #web3, #bingx, #btcwire, #press-release, #blockchain-development, #bingx-announcement, #crypto-exchange, #good-company, and more. This story was written by: @btcwire. Learn more about this writer by checking @btcwire's about page, and for more stories, please visit hackernoon.com. BingX has successfully attained Payment Card Industry Data Security Standard (PCI DSS) v4.0.1 certification for its fiat business. PCI DSS sets rigorous requirements for safeguarding sensitive payment data during storage, transmission, and processing. BingX is among the first cryptocurrency exchanges worldwide to earn this recognition.

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Starting point is 00:00:00 This audio is presented by Hacker Noon, where anyone can learn anything about any technology. Binks PCIDSS certification sets new benchmark for data security in Web 3. B.YBTC Wire. Panama City, August 14, 2025 Banks, a leading cryptocurrency exchange and Web 3 AI company, has successfully attained payment card industry data security standard, PCIDSS, V4.0.1 certification for its fiat business, marking a significant milestone in its mission to protect data privacy and security. Binks is among the first cryptocurrency exchanges worldwide to earn this recognition,
Starting point is 00:00:39 underscoring its leadership in applying global security standards to the Web 3 space. Maintained by the PCI Security Standards Council, founded by Visa, MasterCard, American Express, Discover, and JCP, PCIDSS version 4.0.1 sets rigorous requirements for safeguarding sensitive payment data during storage, transmission, and processing. The certification affirms Binks's compliance across six key security domains, including network security, vulnerability management, data protection, access control, monitoring, and information security strategy. For Binks users, this means an increasingly secure environment for Fiat deposits and card payments, ensuring safe and uninterrupted payment channels. Greater than Daniel Lai, chief business officer at Binks, commented, security has always
Starting point is 00:01:29 greater than been at the heart of Binks's operations. Achieving PCI DSS version 4.0.1 greater than certification is more than a compliance milestone. It is a commitment to our greater than users that every transaction is handled with the highest global security greater than standards. As digital asset and fiat rails converge, safeguarding users greater than through rigorous protections is not optional. It is core to our mission at greater than Binks. This certification builds on Binks's comprehensive security framework, which includes industry leading AML systems to block illicit funds, regular proof of reserves for full acid transparency, real-time monitoring and alerts for suspicious account activity, abnormal withdrawal reviews,
Starting point is 00:02:10 and the $150M self-funded shield fund for incident protection. Combined with external audits by partners, regular system updates, advanced encryption and authentication technologies, and partnerships with top security experts, Binks continues to strengthen its platform, uniting globally recognized security standards like PCIDSS with proactive safeguards to ensure a secure, transparent, and user-first trading environment. About BinGX founded in 2018, Binks is a leading crypto exchange and Web 3 AI company, serving a global community of over 20 million users. With a comprehensive suite of eye-powered products and services, including derivatives, spot trading,
Starting point is 00:02:52 and copy trading. Binks caters to the evolving needs of users across all experience levels, from beginners to professionals, committed to building a trustworthy and intelligent trading platform, Bing Zempowers users with innovative tools designed to enhance performance and confidence. In 2024, Binks proudly became the official crypto exchange partner of Chelsea Football Club, marking an exciting debut in the world of sports sponsorship. For media inquiries, please contact media at Binks.com for more information. please visit htttps colon slash binks dot com slash this story was published as a press release by btc wire under hackernoons business blogging program
Starting point is 00:03:31 thank you for listening to this hackernoon story read by artificial intelligence visit hackernoon.com to read write learn and publish

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