Bybit Restores Full Access for Indian Users, Emphasizes Regulatory Compliance and Crypto Engagement

Global cryptocurrency exchange Bybit has resumed full access for its Indian users through its app and website, marking a significant step forward in the company’s long-term commitment to the market. This follows Bybit’s successful effort in navigating regulatory hurdles and ensuring compliance with India’s Prevention of Money Laundering Act (PMLA). The return comes after Bybit partnered with the Financial Intelligence Unit-India (FIU-IND) to become a registered reporting entity, paving the way for them to provide services including Spot, Derivatives, Options, and Copy Trading to Indian customers.