Sunday, January 12

Tag: Crypto Trading

Bybit to Temporarily Halt Crypto Trading in India, Citing Regulations

Bybit to Temporarily Halt Crypto Trading in India, Citing Regulations

Business
Bybit to Temporarily Halt Crypto Trading in India, Citing Regulations Jan 10, 2025, 4:21 p.m. UTCBybit CEO Ben Zhou (Danny Nelson/CoinDesk) What to understand: Crypto exchange Bybit stated it will momentarily suspend its services for its users in India from Sunday.The business stated it might be back online within weeks, presuming it settles documents rapidly.Crypto exchange Bybit stated it will momentarily suspend its services for its users in India in action to guideline in the nation.The Dubai based business means to avoid its consumers in India from having the ability to open brand-new trades or gain access to items on the platform from Sunday. "The only exception will be withdrawals," the business stated in a post on Friday. The interruption might be temporary. Bybit stated it is wor...