Cryptocurrency payment platform, Crypto.com, announced on June 2 that it is one of the first fintech companies to receive ISO/IEC 27701:2019 privacy certification.

The certification was given by SGS, a leading inspection verification and certification firm. According to the announcement, the “Gold standard” certification directs to strengthen the company’s strategy — “Defense in Depth”. It outlines policy implementation guidelines for data protection with regard to personally identifiable information, or PII, within the organization.