ISO/IEC 42001:2023 is an internationally recognized standard for an Artificial Intelligence Management System (AIMS) that establishes the requirements for building, maintaining, and continuously improving AI governance frameworks within organizations. It is issued by the International Organization for Standardization (ISO).
The standard focuses on the proper management of AI-related risks while including ethical considerations such as transparency, accountability, and the AI’s impact on individuals and society.
The founder of Crypto.com, Kris Marszalek, stated, “We are proud to continue leading the industry and gaining recognition for our commitment to security standards. This certification is the latest step in our mission to build a trusted and secure environment for our global user base and an important milestone in our continued adoption of AI tools and technologies.”
As per Jason Lau, the Chief Information Security Officer at Crypto.com, security and privacy remain the fundamental priorities for the exchange. Crypto platforms are relying on AI for fraud detection, risk modeling, security monitoring, and operational automation. This makes such certifications critically important.
Recent Developments and AI Integrations
An integration was announced with CoincidenceAI, which was achieved after ISO/IEC 42001:2023 certification. CoincidenceAI enables traders to create tests and automate strategies through a conversational interface. The AI solution is also connected with KuCoin and Bybit.
In the month of December, there was a partnership with Doblox – an AI Powered Crypto-assistant, which allowed users falling in the approved jurisdiction to trade assets directly through Doblox, leveraging its analytics tool.
Previously, the domain name AI.com was purchased by Mr. Marszalek, one of the highest publicly disclosed domain name acquisitions. The purchase of $70 million was completed in April 2025 and was made entirely via cryptocurrency.
The CEO described the platform as the “front door to AI” through a decentralized network. A consumer platform featuring autonomous AI agents, designed to act on users’ behalf, for performing tasks such as stock trading, workflow automation, and calendar management, has been developed.
As per the exchange, ISO/IEC 42001:2023 certification complements its existing compliance framework, aligning it with ISO/IEC 27001 for Information Security Management System (ISMS), ISO/IEC 27701 for Privacy Information Management System, and ISO 22301 for Business Continuity Management System. It is also compliant with PCI-DSS and (SOC) 2 Type 2. It completed its independent Tier 4 assessment
A Gartner report has cited the expectation of global AI spending to reach nearly $1.5 trillion by the end of 2025. The growth is accelerating as one of the largest U.S technology giants – Alphabet, Amazon, Meta, and Microsoft- it plans to make a combined investment of $650 billion in AI infrastructure.
Link – https://tradersunion.com/news/cryptocurrency-news/show/1491099-crypto-com-first/
