India’s Financial Intelligence Unit has fined cryptocurrency exchange Bybit and blocked its website, proving they’re not messing around when it comes to crypto compliance. As India tightens its regulatory framework to prevent illegal activities, Bybit is a prime example that “decentralized” doesn’t mean “lawless.” Now, Bybit is applying for a Virtual Digital Asset Service Provider— but will Bybit make a comeback, or is this a permanent “page not found”?
