Bybit has officially resumed full cryptocurrency trading services in India after paying a $1 million fine and completing registration with the country’s financial regulator, ending months of operational restrictions.
The Dubai-based exchange confirmed that Indian users can now access its mobile app through the App Store and Google Play, with phased restoration of the website planned in the coming days.
Earlier this year, Bybit suspended most of its services in India, excluding withdrawals, after the Financial Intelligence Unit-India (FIU-IND) found it had been operating without proper anti-money laundering registration.
The platform initially returned in February after registering as a reporting entity with FIU-IND. Full reinstatement required months of regulatory coordination, along with the implementation of stricter Know Your Customer (KYC) procedures and enhanced security measures.
“India is among the most promising digital asset markets globally,” said Bybit CEO Ben Zhou. “This isn’t just a comeback — it’s a new chapter for Bybit in India.”
According to CoinDesk Data’s latest Exchange Review, Bybit is among the world’s largest cryptocurrency exchanges by trading volume, alongside Binance and OKX.
