Last week, Binance began enforcing jurisdiction-specific regulations requiring Personally Identifiable Information (PII) for certain crypto withdrawals and deposits (Binance US is not affected). These updates carry immediate operational and compliance implications for Fireblocks customers based in Japan, New Zealand, India, the UAE, Bahrain, South Africa, Poland, France, and Kazakhstan who transact with Binance.
In response, Fireblocks rapidly designed, built, and delivered a solution to ensure our customers remain fully compliant and transactions continue uninterrupted—going from problem identification to production in just eight days.
What’s New: Encrypted PII Messaging for Binance
Fireblocks now enables customers to construct and transmit encrypted PII messages for Binance transactions. This enables seamless compliance with Binances’ newly updated Travel Rule requirements, while maintaining Fireblocks’ highest standards of data security and privacy. Critical elements include:
- End-to-end encryption using Fireblocks’ security infrastructure
- Secure API transmission using enhanced interfaces
- Decryption and processing occur exclusively on Binance’s side, ensuring confidentiality
By supporting this encrypted exchange of sensitive data, Fireblocks helps customers avoid transaction delays or rejections, mitigate regulatory risk, and maintain operational continuity.
The Story Behind the Speed
The regulatory landscape moves fast—so do we. In just over a week:
- Our Compliance and Security teams identified the change and mapped a secure implementation plan.
- We validated use cases, architected the solution, and tested against real-world Binance requirements.
- We shipped the feature—secure, performant, and production-ready
This was a company-wide effort, reflecting our commitment to keeping customers compliant, secure, and fully operational.
Compliance Built-In
This release reinforces our belief that compliance should be embedded in the infrastructure—not bolted on. Across the Fireblocks platform, customers benefit from:
- Real-time transaction and wallet screening to detect compliance threats before they impact operations
- Centralized governance and policy enforcement across business units and geographies
- Certifications exceeding industry standards, including SOC1 & SOC2 Type II, ISO 27001/17/18/22301, CCSS Level 3 QSP
- Audit-ready architecture validated by external assessments, including NIST and BaFin assessments
With encrypted PII support for Binance, we continue expanding our compliance portfolio—reducing customer overhead, increasing audit-readiness, and lowering global risk exposure for our clients.
Get Access Today
We’re proud to help our customers navigate the complex and fast-evolving compliance landscape. If your operations involve Binance, or you’re preparing for similar requirements elsewhere, this new feature provides a secure, future-proof path to compliance.
Your compliance, handled – contact your Fireblocks account team to enable Early Access.