5 hours ago
The speech had suspended astir services successful January 2025 owed to operating without due registration nether anti-money laundering rules.
Sep 8, 2025, 12:32 p.m.
Bybit has announced it’s resuming afloat crypto trading services successful India aft months of regulatory friction, aft paying a $1 cardinal fine and registering with the country’s fiscal watchdog to regain compliance.
The Dubai-based crypto speech said successful a property merchandise that Indian users present person afloat entree to its mobile app via the App Store and Google Play, with phased restoration of its website expected implicit the coming days.
This follows the platform’s suspension of astir services in January 2025, excluding withdrawals, aft the Financial Intelligence Unit-India (FIU-IND) determined it had been operating without due registration nether anti-money laundering rules.
To instrumentality to the market, Bybit registered with FIU-IND arsenic a reporting entity earlier initially re-establishing operations successful the state successful February. Full restoration, the steadfast detailed, required months of coordination with regulators and implementation of stricter Know Your Customer (KYC) and information protocols.
“India is among the astir promising integer plus markets globally,” said Bybit CEO Ben Zhou. “It's not a comeback, it's a caller section for Bybit successful India."
Bybit is, on with Binance and OKX, 1 of the largest cryptocurrency trading platforms successful the satellite erstwhile measured by trading volume, according to CoinDesk Data’s latest Exchange Review report.
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