[Digital Today Reporter Hwang Chi-gyu] On the 17th, Coinone (CEO Myung-Hoon Cha), one of Korea’s three largest virtual assets (cryptocurrency) exchanges, has passed the information security management system (ISMS) certification on the 17th.
Coinone is one of the four virtual asset exchanges designated by the Ministry of Science and ICT as an obligatory subject to obtain ISMS certification, and was the first to obtain ISMS certification in December 2018. After passing this post-examination, the certification has been maintained for three consecutive years.
Myung-Hoon Cha, CEO of Coinone, said, “Coin1 has been making a safe exchange environment as a top priority, and has continued to be free of security for 7 years in a row.” “Continuing efforts to ensure that customers can use Coinone service without worrying about security and asset protection in the future. I will do it.”
The ISMS certification is one of the requirements for the reporting system of virtual asset business operators specified in the Specific Financial Information Act (Special Act) to be implemented on the 25th.
Author/ Translator: Jamie Kim
Bio: Jamie Kim is a technology journalist. Raised in Hong Kong and always vocal at heart. She aims to share her expertise with the readers at blockreview.net. Kim is a Bitcoin maximalist who believes with unwavering conviction that Bitcoin is the only cryptocurrency – in fact, currency – worth caring about.