- BingX’s PCI DSS v4.0.1 exhibits its leadership in safeguarding fiat payment information in crypto.
- The certification assures of its layered security and active observation.
- The milestone reflects rising regulatory demands in digital finance.
BingX’s earning the Payment Card Industry Data Security Standard (PCI DSS) v4.0.1 certification in its fiat-related operations will make it one of the first crypto exchanges globally to receive the certification. This is one area that underscores its commitment to the security of sensitive financial data at all levels of manipulation, including storage and processing of such data.
BingX announced that it has obtained PCI DSS v4.0.1 certification for its fiat business, becoming one of the first cryptocurrency exchanges globally to receive this accreditation. The standard is maintained by the PCI Security Standards Council (PCI SSC), which was founded by…
— Wu Blockchain (@WuBlockchain) August 14, 2025
The PCI Security Standards Council is a group created by Visa, Mastercard, American Express, Discover, and JCB, and supports the PCI DSS framework. The recently updated v4.0.1 version imposes stern demands on ensuring that payment card information can be retained securely within the evolving and advanced digital scene.
BingX Strengthens Trust Through Rigorous Protections
Receiving this certification will confirm that the exchange scales up to six critical security areas: network protection, vulnerability management, data confidentiality, access controls, monitoring protocols, and strategic information security planning. For users, this translates into better protection against fund loss when submitting fiat currencies or paying by card.
According to Daniel Lai, Chief Business Officer, the milestone is more than fulfilling obligations as stipulated by the regulators. It is dedicated to ensuring that all transactions are done at the highest global security standards, Lai added. He further said that as the two worlds of traditional and digital finance continue to collide, adopting strict protection measures became core to the company’s mission.
Strengthening Infrastructure Through Advanced Protections
The achievement is based on an extensive security network already in place. These precautions include better anti-money laundering mechanisms to detect and prevent bad transactions, frequent Proof of Reserves, the ability to give visibility in terms of auditing by a third party, real-time follow-up that can help detect suspicious acts, and manual analysis that would enable them to sense unusual activity, and so on.
Further, the platform has a $150 million self-funded Shield Fund to tackle disasters. External audits, continuous system upgrades, and the use of encryption technology further reinforce protection. Engagement with security professionals is a part of constant risk reduction, as active security measures complement them.
Industry Milestone in Data Privacy Commitment
The certification arrives at a time when expectations of cybersecurity in the fintech industry are also growing. Increasingly, regulators, investors, and users are insisting on harsher steps to secure sensitive information. This acknowledgement shows how the exchange is beyond the industry requirements.
The company has an even larger user base of over 20 million users worldwide, and it is in the process of increasing its product offerings in derivatives, spot trading, and copy trading using AI. Fragmented security and a focus on transparency enhance user confidence and create a precedent other Web3 platforms will follow.
