Crypto Exchange Giant Bybit Shells Out $1,000,000 Penalty to Regulators To Resume Operations in India

The world’s second-largest crypto exchange by trading volume is re-entering the Indian market after securing mandatory registration with regulators and paying a $1 million fine. Last month, Dubai-based exchange Bybit announced a temporary suspension in India, preventing users in the country from opening trades or accessing products on its platform and only allowing withdrawal transactions.... source: https://dailyhodl.com/2025/02/07/crypto-exchange-giant-bybit-shells-out-1000000-penalty-to-regulators-to-resume-operations-in-india/