Bybit’s Indian Comeback: From Fined to Fine, Baby! 🎉💰
Now, let’s rewind a bit. Back in January 2025, Bybit had to hit the pause button on its Indian operations due to some regulatory hiccups. Apparently, they were operating without the proper paperwork, which is a big no-no in the world of finance. The Financial Intelligence Unit (FIU) wasn’t too pleased and slapped them with a fine of about $1.06 million. Ouch! But hey, they’ve paid up and are now officially registered with the FIU, so everything’s peachy keen. 🍑