CEX.IO Proves Payment Security with International Certification

London, England, March 15, 2019 — CEX.IO has received PCI DSS Level 1 certification after an annual audit. With over 2.7 million users choosing CEX.IO, the total volume of card payment data processed by the platform has increased significantly over the past year.

London, United Kingdom - March 15, 2019 /PressCable/ —

London, England, March 15, 2019 — CEX.IO has received PCI DSS Level 1 certification after an annual audit. With over 2.7 million users choosing CEX.IO, the total volume of card payment data processed by the platform has increased significantly over the past year.

To ensure that security measures for customers’ funds meet the highest standards, CEX.IO regularly passes an international assessment of procedures and technical infrastructure. The upgrade of the company’s PCI DSS compliance certification to Level 1 proves that CEX.IO processes and stores customer card data securely.

The Payment Card Industry Data Security Standard (PCI DSS) is an information security standard for organizations that handle credit card data. It includes measures to prevent and detect data breaches as well as steps to take in case a breach has occurred. Companies dealing with credit card payments must comply with a broad list of essential requirements as per PCI DSS.

“We are happy to report that CEX.IO has satisfactorily met all PCI DSS requirements and has achieved Level 1 certification. We are confident that CEX.IO will be able to maintain this certification as an annual obligation and we are happy to support them on this journey for many years to come.” — Trevor Axiak, director of Kyte.Global

“CEX.IO conducts audits of different standards on a regular basis. In December 2018, we passed an independent audit as one statutory requirement of effective Bank Secrecy Act/Anti-Money Laundering (BSA/AML), including evaluation of internal policies and procedures. And now, due to the card payment audit results, we possess a PCI DSS Level 1 certificate, which gives our customers assurance that their data is protected in accordance with the highest standards.” — Oleksandr Lutskevych, CEO of CEX.IO

Irrespective of whether a company processes, stores, and transmits personal data of customers, information security should always be a top priority, and aligning with industry standards is the best way to provide assurance to customers.

About CEX.IO

A UK-based multi-functional cryptocurrency exchange established in 2013, CEX.IO provides a rich variety of trading tools for Bitcoin, Bitcoin Cash, Bitcoin Gold, Ethereum, Zcash, Dash, Ripple, Stellar, and Litecoin. These cryptocurrencies can be traded for USD, EUR, GBP, and RUB.

CEX.IO provides a variety of payment options including credit and debit cards as well as reliable and timely wire transfers. The company strives to offer the best cryptocurrency trading experience and the most convenient service to its customers. Since April 2016, CEX.IO clients have processed over 1 billion US dollars via Visa and Mastercard cards.

The CEX.IO exchange repeatedly passes PCI DSS certificate renewal to validate compliance, allowing it to process, transmit, and store credit card data.

CEX.IO is among the founders of CryptoUK, an association started by major cryptocurrency players to represent the interests of exchanges, trading platforms, intermediaries, and asset managers, among other stakeholders. CryptoUK is aimed at building cooperation with authorities in the UK, such as the FCA, to develop an appropriate operating framework for crypto businesses.

With more than 2.7 million users across the globe, CEX.IO provides stable services backed by cold cryptocurrency storage, financial viability, high security, and KYC and AML best practices. Since 2015, CEX.IO has held MSB (Money Services Business) status with FinCEN, a bureau of the US Department of the Treasury. As a registered MSB, CEX.IO has proved that the company complies with Bank Secrecy Act requirements applicable to financial institutions as well as to each of the specific requirements applicable to MSBs.

Media Contact

Peter Ivanov, Communications Officer

peter.i@cex.io

London office contact details: 0203 909 6911, 0203 909 6910

Contact Info:
Name: Peter Ivanov
Email: Send Email
Organization: CEX.IO
Address: 24th Floor One Canada Square, Canary Wharf London E14 5AB, London, London, United Kingdom
Website: http://cex.io

Source: PressCable

Release ID: 492840

Latest News

US experts: Medicines for opioid addiction vastly underused

Mar 20, 2019

WASHINGTON — The nation's top medical advisers said Wednesday medicines proven to treat opioid addiction remain vastly underused in the U.S. Only a fraction of the estimated 2 million people addicted to opioids are getting the medications, according to a report by the National Academies of Sciences, Engineering and Medicine. The influential group, which advises the federal government, called for increased prescribing of the drugs and other changes to reduce barriers to their use. In 2017, opioids were involved in nearly 48,000 deaths — a record. In recent years, there have been more deaths involving illicit opioids, including heroin and...

German shorthaired pointer nips at heels of top dog breeds

Mar 20, 2019

NEW YORK — Labrador retrievers aren't letting go of their hold on U.S. dog lovers, but German shorthaired pointers are tugging on the top ranks of doggy popularity, according to new American Kennel Club data. Labs topped the list for the 28th year in a row. Yet there's been plenty of movement over time on the purebred pup-ularity ladder. A look at the 2018 rankings released Wednesday: THE TOP 10 After Labs, the top five breeds nationwide are German shepherds, golden retrievers, French bulldogs and bulldogs. Rounding out the top 10 are beagles, poodles, Rottweilers, German shorthaired pointers and Yorkshire...

Science Says: Tiny 'water bears' can teach us about survival

Mar 20, 2019

WASHINGTON — Earth's ultimate survivors can weather extreme heat, cold, radiation and even the vacuum of space. Now the U.S. military hopes these tiny critters called tardigrades can teach us about true toughness. These animals are pipsqueaks, only about the size of a period. Under a microscope they look like some combination of chubby bear and single-eyed alien. And they are the closest life gets to indestructible. No water? No worries. Tardigrades survive. Antarctic cold, 300-degree heat (150 degrees Celsius), a lack of oxygen, even punishing radiation doesn't stop these animals. They are so resilient in the face of so...

Oklahoma's top court hearing request to delay opioid lawsuit

Mar 20, 2019

OKLAHOMA CITY — Drugmakers are trying to persuade Oklahoma's top court to postpone the trial in the state's lawsuit accusing them of fueling the opioid epidemic. The Oklahoma Supreme Court is hearing arguments Wednesday, a week after rejecting drugmakers' request to immediately postpone the scheduled May 28 start. A ruling is not anticipated Wednesday. The judges are expected to deliberate Monday behind closed doors and issue a ruling later. The 2017 lawsuit filed by Oklahoma Attorney General Mike Hunter accuses 13 opioid manufacturers of running fraudulent marketing campaigns that led to thousands of overdose addictions and deaths. Several states have...

5 tips on what to do with unwanted stuff

Mar 20, 2019

NEW YORK — World-renowned tidying expert Marie Kondo is sparking joy among shoppers feeling the urge to clean out their homes. But once you master the Japanese organizing expert's novel approach to de-cluttering, what do you do with all the stuff you don't want? Charitable organizations like Goodwill have cited how Kondo's popular Netflix series, "Tidying up with Marie Kondo" has led to a surge of donations. And sites like OfferUp and thredUP also note an uptick in the number of items being sent to them for sale. Kondo recommends getting rid of items that don't spark joy, and she...

About Us

Travel Leisure Mag is New York City’s travel and lifestyle online magazine with the vision of creating a unique blend of valuable and quality travel experience to the readers. We trust that you will enjoy this experience.

Contact us: sales[at]travelleisuremag.com