BingX Earns PCI DSS v4.0.1 Certification Boosting Fiat Security Standards

BingX, a leading cryptocurrency exchange and Web3 AI company, has achieved a significant milestone by becoming one of the first cryptocurrency exchanges globally to attain Payment Card Industry Data Security Standard (PCI DSS) v4.0.1 certification for its fiat business. The certification, awarded by the PCI Security Standards Council—a consortium including Visa, Mastercard, American Express, and other major financial institutions—confirms that BingX meets the highest security standards for handling sensitive payment card information, further solidifying its commitment to data privacy and security in the Web3 space [1].

The PCI DSS v4.0.1 certification encompasses six critical security domains: network security, vulnerability management, data protection, access control, monitoring, and information security strategy. This rigorous framework ensures that BingX’s systems are equipped to protect user data throughout storage, transmission, and processing. For users, this translates to a more secure environment for fiat deposits and card-based transactions, minimizing risks associated with digital payments [1].

Daniel Lai, Chief Business Officer at BingX, emphasized the importance of the certification, stating that it represents not just a compliance achievement but a broader commitment to user trust and security. As the boundaries between digital assets and traditional finance continue to blur, Lai highlighted the necessity of implementing global security standards as a core operational principle [1].

This certification aligns with BingX’s broader security framework, which includes advanced AML systems, regular Proof of Reserves audits, real-time monitoring of suspicious account activity, and a $150 million self-funded Shield Fund to address potential incidents. These measures, combined with continuous system updates, advanced encryption technologies, and collaboration with top security experts, demonstrate BingX’s layered approach to protecting user assets and ensuring operational transparency [1].

In the context of growing regulatory attention to cybersecurity and data privacy in the fintech industry, BingX’s PCI DSS certification sets a new benchmark for security practices in the Web3 ecosystem. As more players enter the digital financial space, adherence to globally recognized standards is becoming a competitive and compliance necessity. BingX’s proactive approach positions it as a leader in fostering trust and confidence among users and regulators alike [1].

The certification reinforces BingX’s role as a pioneer in the cryptocurrency and blockchain industry, further supporting its mission to build a secure, transparent, and user-centric trading environment. With over 20 million global users, BingX continues to innovate and expand its product offerings, including derivatives, spot trading, and AI-driven copy trading, to meet the evolving demands of the market [1].

Source:

[1] https://www.prnewswire.com/news-releases/bingx-pci-dss-certification-sets-new-benchmark-for-data-security-in-web3-302530030.html

[2] https://laotiantimes.com/2025/08/14/kucoin-pay-partners-with-bittopup-to-unlock-more-real-world-utility-for-crypto-users/

[3] https://laotiantimes.com/2025/08/14/yiren-digital-to-report-second-quarter-2025-financial-results-on-august-21-2025/

[4] https://www.prnewswire.com/news-releases/business-technology-latest-news/computer-electronics-list/