Cryptocurrency exchange Bybit has officially registered with Indian authorities, allowing the platform to fully restore its services in the country. The company announced on Feb. 25 that existing users can now access all trading products and open new trades, while the onboarding of new users will gradually resume the same day. Bybit stated:

We are thrilled to share some great news with our Indian users. Bybit is officially registered with the Indian authorities.

“As of Feb. 25, all Bybit services, including the ability to open new trades and access all products, have been fully restored for existing users. Onboarding of new users will also gradually commence today,” the exchange added.

This development follows a period of regulatory challenges for Bybit in India. In January 2025, the exchange suspended its services in the country due to compliance issues, specifically for operating without proper registration under the Prevention of Money Laundering Act (PMLA). The Financial Intelligence Unit (FIU) of India imposed a fine of approximately $1.06 million on Bybit for these violations. The exchange has since paid the fine and completed its registration with the FIU, aligning its operations with Indian regulatory standards.

Meanwhile, Bybit also faced a recent security breach in February, during which hackers stole ethereum from one of its wallets. Despite the incident, the company assured users that their funds remain secure and fully backed.

Regarding service resumption in India, Bybit expressed gratitude to users for their patience during the service disruption and emphasized its commitment to regulatory compliance and security. The company stated: “We sincerely thank you for your patience and understanding during this brief disruption. As always, we remain committed to providing a secure and compliant trading experience for our users, and we’re excited to continue offering you the full range of Bybit services.” Bybit’s return to full functionality in India signals a renewed focus on compliance and regulatory adherence as it continues to expand its global footprint.

免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。