Crypto.com becomes first fintech company to attain Data Protection Trust Mark

CRYPTOCURRENCY trading platform Crypto.com has been awarded the Data Protection Trust Mark (DPTM), making it the first financial technology company to attain the enterprise-wide certification.

Awarded by Singapore's Infocomm Media Development Authority (IMDA), the DPTM was introduced to recognise companies that have put in place data protection regimes to comply with obligations under the Personal Data Protection Act.

Crypto.com's certification hence "further strengthens its position as an industry leader in data protection and security", the company said in a statement on Monday (Dec 6).

Jason Lau, Crypto.com's chief information security officer, noted that the DPTM is Singapore's "most prestigious official certification" for information security and data privacy.

Crypto.com's DPTM is held by Foris Asia, the company's trading entity in Singapore.

Crypto.com provides customers prepaid debit card services that allows cardholders to buy, sell and spend cryptocurrency. It also runs an app for cryptocurrency trading.

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