DubaiUAE,,, February 6, 2025 / Prnewswire/–Bybit, the second largest cryptocurrency exchange in the world according to the volume of trading, has been successfully registered with FIU-Inde to strengthen its promise. India. As part of this process, BYBIT solves financial fines and diligently solves and resolves the pre -regulatory problem, showing more dedication to transparency and the highest level of standards in the Indian market.
BYBIT is doing its best to operate within a regulatory framework. India Take the duty of compliance seriously. We diligently cooperate with FIU-Indi to solve their concerns and complete the Procedures Laundry Act (“PMLA”) and related regulations. We recognize the importance of powerful money laundering (“AML”), fight against terrorism (“CFT”), and devote ourselves to supporting the highest standard in this field.
We show our promise to compliance with our participation and cooperation throughout the FIU-Ind Registration Process. We are actively working to meet all required requirements for compliance with registration. June 26, 2024 As a virtual digital asset service provider (“VDASP”) India.
BYBIT is also actively participating in the Indian encryption community to educate and preach users. BYBIT is currently a silver employee of Bharat Web3 Association (“BWA”). Through this partnership, we hope to use the platform to promote the adoption of Web3 of the Indian encryption ecosystem and promote innovation.
GOOD Alliance (“BGA”) for BYBIT’s non -profit initiative blockchain has led password training in partnership with the blockchain society of the best universities such as IIT Delhi’s Blockchain Society and IIT KHARAGPUR of Blockchain Society. India. BYBIT will also cooperate with TOP Universits to promote encryption and blockchain education and awareness in the Indian market for the next few months to hold a series of hacker tones, workshops and other events.
BYBIT is trying to recognize the great potential of the Indian market and to provide the best services and products to all Indian users, including spots, derivatives, options, and BYBIT EARN.
About Bybit
BYBIT is the world’s second largest cryptocurrency exchange, providing services to the global community of more than 60 million users. Founded in 2018, BYBIT is a simple, open and equal ecosystem for everyone to redefine openness in the distributed world. BYBIT Partners focuses on Web3 to provide strong infrastructure and use major blockchain protocols to provide powerful infrastructure and lead chain innovation. Bybit, famous for safe custody, various market places, intuitive user experience and advanced blockchain tools, solves the gap between Tradfi and Defi and enhances Builder, Creators and Apnusiasts to exert all the potential of Web3. Discover the future of distributed finance on bybit.com.
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Bybit Registers with FIU-IND and Commits to the Indian Markets