Registration with Indian Financial Intelligence Unit In a recent announcement, popular cryptocurrency exchange Bybit revealed that it has successfully registered with the Indian Financial Intelligence Unit (FIU). This move highlights the exchange's commitment to adhering to regulatory compliance in India. By registering with the FIU, Bybit has demonstrated its dedication to transparency and upholding high standards in the cryptocurrency market. Resolve of Prior Regulatory Matters In addition to registering with the FIU, Bybit also announced that it has resolved any prior regulatory matters in India. This means that the exchange has addressed any previous issues and has taken steps to ensure compliance with local laws and regulations. By resolving these matters, Bybit is showing its commitment to working within the regulatory framework and promoting a safe and secure environment for cryptocurrency trading in India. Monetary Fine Paid As part of their reso...
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