In the last few paragraphs what I understood is that they are finalizing registration as a "virtual digital asset service provider" for India and is working with the regulator - FIU I assume here.
I am not using bybit, but I guess the regulatory systems are working to get this solved? We cant say for sure because they are calling the setback temporary, we can still keep some hope.
Topic: ByBit halt their operation from Jan 12! (Read 18 times)
Due to recent developments from Indian regulators and in continuation of previously implemented restrictions, we regret to inform you that, effective Jan 12, 2025, 8AM UTC, Indian users will temporarily be unable to open new trades or access any products on the Bybit platform. The only exception will be withdrawals, which will remain available for your convenience.
Temporary Restriction of Services in India
Another exchange bites the dust, thanks to the Regulators especially to our Finance Minister Nirmala Sitharaman. It is clear that our government doesn't care about their citizens and closing every available door for money making opportunity.
Temporary Restriction of Services in India
Another exchange bites the dust, thanks to the Regulators especially to our Finance Minister Nirmala Sitharaman. It is clear that our government doesn't care about their citizens and closing every available door for money making opportunity.
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