Bybit has restored full crypto trading operations in India after months of suspension, following a $1 million penalty and regulatory compliance efforts. The Dubai-based exchange said it has registered with the Financial Intelligence Unit-India (FIU-IND) as a reporting entity and introduced stricter Know Your Customer and security protocols.
Indian users can now fully access Bybit’s mobile app, with the website expected to be restored in phases. Bybit halted most of its services in January 2025 after regulators flagged its lack of proper registration under anti-money laundering rules. Withdrawals remained active during the downtime, and limited services resumed in February.
CEO Ben Zhou described India as one of the most promising digital asset markets worldwide, calling the company’s return “a new chapter.” Bybit, along with Binance and OKX, ranks among the top global exchanges by trading volume. Its successful comeback signals growing cooperation between international crypto platforms and Indian regulators.
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