Echobit joins VerifyVASP alliance

Global virtual asset Travel Rule solution provider VerifyVASP announced through its official channels that cryptocurrency exchange Echobit has joined its alliance. VerifyVASP is a network of global virtual asset service providers (VASPs) that supports Travel Rule compliance, with members including South Korean exchange Upbit and other domestic and international firms. Last year, Echobit joined the Travel Rule solution CODE and began integrating deposits and withdrawals with Coinone.