Bybit Halts Indian Operations Amid Regulatory Scrutiny

In response to the evolving regulatory landscape in India, Bybit has announced a temporary suspension of its services within the country. While trading and other platform features are currently unavailable to Indian users, Bybit assures its commitment to facilitating seamless withdrawal requests for all affected clients. This strategic move underscores the exchange’s dedication to compliance and navigating the complexities of the Indian cryptocurrency market. The temporary suspension is intended to allow Bybit to fully assess the implications of recent regulatory developments and ensure ongoing adherence to local laws. Further updates will be provided as the situation progresses.