Bybit, a cryptocurrency exchange, has fully restored its services in India after overcoming regulatory challenges and a recent security breach. The exchange has registered with Indian authorities and existing users can now access all trading products and open new trades. The onboarding of new users will gradually resume. Bybit had previously suspended its services in India due to compliance issues and was fined $1.06 million for operating without proper registration. The exchange has since paid the fine and completed its registration, aligning its operations with Indian regulatory standards. Despite a security breach in February, Bybit assures users that their funds remain secure. The exchange emphasizes its commitment to regulatory compliance and security and is focused on expanding its global footprint.



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