Bybit Gains Approval to Operate in India
Bybit has successfully registered with the Financial Intelligence Unit India (FIU-IND). The Indian government mandates that all Virtual Digital Asset Service Providers (VDASPs) register with FIU-IND and adhere to strict AML and CFT measures. Bybit settled a $1 million penalty before securing approval. Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has registered with…