Crypto exchange Bybit has registered with the Financial Intelligence Unit-India (FIU-IND). That agency, part of the Indian Finance Ministry, had ordered Bybit’s website to be blocked in the country and imposed a fine after finding in January that the exchange violated anti-money laundering rules. The FIU-IND fined Bybit 92.7 rupees (around $1.1 million) on January 31, saying the exchange...
source: https://www.cryptopolitan.com/bybit-makes-peace-in-india-pays-1m-finance-ministry-fine-agrees-to-full-adherence-to-law/