Bybit resumes trading in India after regulatory approval

Bybit resumed its commercial services in India after obtaining registration from the Indian authorities, the scholarship announced on February 25.

The move Restore full access has Parbit The platform for existing users, with new user interest, also gradually starting.

The exchange had suspended several services in January, citing regulatory challenges. At the time, Bybit was obtaining an operational license from the financial intelligence unit of India.

The last announcement confirms that Bybit has now satisfied the regulatory requirements, allowing Indian users to open new professions and access all the functionality of the platform.

Bybit’s yield arrives at a critical moment, because major exchanges like Binance Continue to compete with the market share in India despite the regulatory examination. The country remains a key market for cryptographic companies, with growing adoption and trading volumes.

Hack

The announcement follows a turbulent period for Bybit, who recently underwent a massive security violation.

Go through has undergone a piracy of $ 1.5 billion On February 21, marking the biggest crisp in history. The attack targeted the Cold Ethereum portfolio of the exchange, with hackers deceiving its multi-signature security protocols.

Blockchain analysts have linked violation to North Korea Lazarus groupKnown for its high -level cyber flights, including hacks Ronin and Wazirx.

Park Jin Hyok, a member of Lazarus in suspense for a long time, emerged like a key figure. Previously linked to the 2014 Sony Hack and Ransomware Wannacry 2017, Hyok would have led the group to cryptographic crimes. Lazarus has integrated agents into cryptographic companies, using phishing and initiate information to get around security.

Bybit’s violation has followed a laundering model of stolen assets through decentralized protocols. In 2024, North Korean pirates stole $ 1.34 billion; Within two months following 2025, they had already exceeded this figure.