BingX Secures Key Certification to Expand Fiat Operations – A Game Changer for Crypto Liquidity

Breaking: BingX just bulldozed another regulatory barrier.

The crypto exchange nailed a critical certification—clearing the path for full-scale fiat operations. No more hopscotching through stablecoins for traders.

Why it matters: Fiat ramps are the oxygen masks of crypto adoption. BingX’s move pressures legacy players still hiding behind 'compliance delays' (read: terrified of real competition).

Behind the scenes: Expect aggressive banking partnerships in Q4. The exchange is clearly gunning for Binance and Coinbase’s lunch money.

Cynic’s corner: Another 'regulated' crypto platform? Wake us up when they actually prevent a rug pull.

BingX covers more requirements for exchange security

With the latest certification, BingX has progressed in the major security domain areas – network safety, vulnerability management, data protection, access control, monitoring, and information security. This makes fiat deposits and card payments safer for end users, ensuring compliant, always-available payment channels. 

“Security has always been at the heart of BingX‘s operations. Achieving PCI DSS v4.0.1 certification is more than a compliance milestone; it is a commitment to our users that every transaction is handled with the highest global security standards,” said Daniel Lai, Chief Business Officer at BingX. 

“As digital asset and fiat rails converge, safeguarding users through rigorous protections is not optional – it is Core to our mission at BingX,” said Lai.

BingX is already compliant with the general anti-money-laundering requirements, and posts regular Proof of Reserves based on its own estimation, with no third-party monitoring. The exchange has a 9/10 Trust Score based on its long history and significant volumes. 

The market operator also monitors for abnormal withdrawals and suspicious account activity. BingX carries a $150M Shield Fund for hack and incident protection and also conducts regular external audits, partnering with top crypto security experts. 

Crypto exchanges face stricter standards in 2025

Crypto exchanges faced a growing regulatory burden in 2025, but hoped the clear instructions WOULD also mean predictable trading. 

PCI DSS certification may be the next big milestone for exchanges. In this regard, BingX is among the sector’s pioneers. Exchanges may need to be certified in case they handle cardholder data directly without using a third-party provider. 

As crypto grows in popularity, exchanges have varied fiat gateways, which sometimes include card payments. The PCI DSS safety certification may become one of the key requirements for reliable market operators. While stablecoins remain widely used for crypto insiders, onboarding new users still relies on easy card-based payments with suitable consumer protections.

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