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3d ago

Bybit Restores App Access in India, Website to Return in Days

Regulatory clearance followed months of coordination with stricter KYC controls.

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Bybit Resumes Full Access for Indian Users, Reinforces Commitment to Compliance and Crypto Inclusion

Overview

  • Indian users can again access Bybit’s mobile app via the App Store and Google Play, with website availability rolling out over the next three to four days.
  • Bybit paid a 9.27 crore rupee (about $1 million) penalty for violating the Prevention of Money Laundering Act and registered with FIU-IND as a reporting entity.
  • Most services were halted in January 2025 after authorities found the exchange operated without proper AML registration, though withdrawals remained available.
  • Trading features were initially reactivated on February 25, 2025, as the company began a phased return under closer oversight and upgraded security.
  • The exchange cites stronger Know Your Customer checks, enhanced custody safeguards, and a renewed India push that includes the India Blockchain Tour and WSOT 2025 promotions.