Shyft Network, the trust protocol, has entered into a partnership with GetBit, a mobile-first cryptocurrency exchange in India, to support scalable regulatory readiness in one of the world's fastest-growing digital asset markets.
As India sharpens its focus on regulation and responsible innovation in the crypto space, exchanges like GetBit are proactively stepping up. Through this partnership, GetBit will integrate Veriscope, Shyft Network’s compliance infrastructure, providing a seamless solution for FATF Travel Rule compliance. Unlike traditional approaches, Veriscope facilitates the exchange of verified user data between Virtual Asset Service Providers (VASPs) using cryptographic proof—ensuring compliance without compromising user privacy or operational efficiency.
For emerging exchanges operating in rapidly evolving markets, building trust through transparent and compliant infrastructure is critical. This collaboration reflects a growing demand for solutions that bridge the gap between privacy, decentralization, and regulatory alignment.
"As the digital asset space in India matures, there is a clear need for tools that simplify compliance without burdening users or platforms," said Zach Justein, co-founder of Veriscope. "GetBit’s commitment to secure and accessible crypto aligns with our mission to embed privacy and compliance into the fabric of blockchain infrastructure."
GetBit’s mobile-first approach, intuitive interface, and growing user base position it as an accessible onramp for crypto participation in India. The exchange emphasizes simplicity, transparency, and regulatory readiness—principles that resonate strongly in today’s market environment.
With this integration, GetBit joins a growing list of regional platforms across India choosing Veriscope to meet regulatory requirements without friction. The move reflects Shyft Network’s broader push to enable secure, compliant digital finance infrastructure in high-growth economies.
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Veriscope is the only frictionless FATF Travel Rule compliance solution, enabling VASPs to securely verify and share user data through cryptographic proof. Built on Shyft Network, it reduces complexity and risk while protecting user autonomy—trusted by leading VASPs worldwide.
GetBit is a user-focused Indian crypto exchange offering a simple and secure mobile-first trading experience. With an emphasis on regulatory alignment and market accessibility, GetBit is committed to supporting the next wave of crypto users in India.
