India's crypto market, with over 90 million users, continues to demand infrastructure that balances innovation with regulatory compliance. Shyft Network has integrated Veriscope with Fincrypto, marking another step in bringing Travel Rule compliance to India's evolving digital asset ecosystem.
Fincrypto is India's first outlet exchange, pioneering a hybrid model that combines online crypto trading with physical walk-in locations. The platform provides instant INR-crypto on-ramp and off-ramp services, plus spot trading for Bitcoin, Ethereum, and major stablecoins (USDT, USDC, DAI, USDD). The Veriscope integration brings automated compliance through cryptographic proof verification without disrupting user experience.
As India's regulatory framework for digital assets continues to take shape, Virtual Asset Service Providers need solutions that address both compliance requirements and user trust. Fincrypto's unique approach—offering physical outlet locations alongside online services—tackles a critical challenge in emerging crypto markets: building user confidence through tangible presence while maintaining the efficiency of digital platforms.
The outlet exchange model is particularly relevant in India, where users often prefer the security of face-to-face transactions for significant financial decisions. By integrating Veriscope, Fincrypto ensures that both its physical and digital operations maintain consistent compliance standards, creating a seamless experience whether customers walk into an outlet or trade online.
This integration enables Fincrypto to verify wallet ownership, conduct secure data exchanges with counterparty VASPs, and maintain audit trails—all while preserving user privacy through cryptographic verification rather than centralized data storage.
The Shyft Network-Fincrypto integration brings key capabilities to India's first outlet exchange:
With Fincrypto's integration, Veriscope expands its presence in India's rapidly growing crypto ecosystem, joining platforms like Nowory and Carret in building compliant infrastructure for the market. Each integration addresses different segments of India's diverse digital asset landscape—from retail trading to institutional services to hybrid physical-digital models.
As India's regulatory environment matures and global compliance standards become essential for market participants, Veriscope provides VASPs with the infrastructure needed to meet both domestic KYC/AML requirements and international FATF Travel Rule obligations. This positions Indian platforms for sustainable growth and international partnerships.
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Veriscope, built on Shyft Network, provides Travel Rule compliance infrastructure for Virtual Asset Service Providers worldwide. Using User Signing cryptographic technology, the platform enables secure wallet verification and data exchanges between VASPs while protecting user privacy. Veriscope simplifies regulatory compliance for crypto exchanges and payment platforms operating in regulated markets.
Fincrypto, operated by Digital Secure Service Private Limited, is India's first outlet exchange combining online trading with physical walk-in locations. The platform offers instant INR-crypto on/off ramps and spot trading for Bitcoin, Ethereum, and stablecoins (USDT, USDC, DAI, USDD). All services are KYC-verified and compliant with Indian regulations, providing transparent pricing and instant settlement for retail and business customers.
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