September 17, 2025

Shyft Network’s Veriscope Powers Compliant Crypto Trading with Nowory in India

Shyft Network’s Veriscope Powers Compliant Crypto Trading with Nowory in India

India’s crypto market, with 93 million investors, demands infrastructure that balances innovation with FATF Travel Rule compliance. Shyft Network, a leading blockchain trust protocol, has partnered with Nowory, an Indian crypto trading platform, to integrate Veriscope, the only frictionless solution for regulatory compliance. This collaboration showcases Veriscope’s ability to enable secure, compliant digital finance in high-growth markets while prioritizing user privacy.

Why Veriscope Matters for India’s

Crypto EcosystemAs India’s regulatory framework evolves, Virtual Asset Service Providers (VASPs) need tools to ensure compliance without complexity. Veriscope leverages cryptographic proof technology to facilitate secure, privacy-preserving data exchanges, aligning with FATF Travel Rule requirements. By integrating Veriscope, Nowory demonstrates how VASPs can achieve regulatory readiness seamlessly.

Nowory’s Role in the Partnership

Nowory, launched in August 2025, is an Indian crypto trading platform designed to serve India’s 93 million crypto investors with a secure and efficient bank-to-crypto gateway. By integrating Veriscope, Nowory aligns with global compliance standards, eliminating risky P2P trading and supporting India’s growing demand for regulated crypto infrastructure.

Key Benefits of Veriscope’s Integration

The Shyft Network-Nowory partnership highlights Veriscope’s power to transform crypto compliance:

  • Frictionless Compliance: Simplifies FATF Travel Rule adherence without burdening platforms or users.
  • Privacy-First Design: Protects user data using cryptographic proofs, ensuring autonomy.
  • Scalable Solutions: Supports growing VASPs in dynamic markets like India.

Zach Justein, co-founder of Veriscope, emphasized the integration’s impact:

“India’s crypto market needs solutions that streamline compliance while preserving privacy. Veriscope’s integration with Nowory reflects Shyft Network’s commitment to secure, compliant blockchain infrastructure.”

Powering a Compliant Crypto Future

Nowory joins a global network of VASPs adopting Veriscope to meet regulatory demands seamlessly. This partnership underscores the need for secure, compliant crypto infrastructure in high-growth markets like I

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About Veriscope

Veriscope, built on Shyft Network, is the leading compliance infrastructure for VASPs, offering a frictionless solution for FATF Travel Rule compliance. Powered by User Signing, it enables VASPs to request cryptographic proof from non-custodial wallets, simplifying secure data verification while prioritizing privacy. Trusted globally, Veriscope reduces compliance complexity and empowers platforms in regulated markets.

About Nowory

Nowory is an Indian crypto trading platform launched in August 2025, designed for secure and efficient trading of assets like Bitcoin, Ethereum, and Solana. It provides a direct bank-to-crypto gateway for India’s 93 million crypto investors, emphasizing regulatory readiness and the elimination of risky P2P trading.

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