'A new chapter': Bybit restoring app and website in India
Quick Take
- Bybit has restored full access to its app on both the App Store and Google Play for users in India.
- The centralized exchange’s website is undergoing a phased restoration and is expected to be fully functional by the end of this week.
Bybit has restored full access to its app on both the App Store and Google Play for users in India.
At the same time, the centralized exchange's website is undergoing a phased restoration and is expected to be fully functional at some point this week, according to a press release.
"This is after a wider effort in regulatory harmonization and a reflection of Bybit's dedication to trust, transparency, and security for its increasing number of Indian users," the exchange stated.
Bybit temporarily restricted its services in India on Jan. 12 as it sought to finalize its registration as a Virtual Digital Asset Service Provider. Operations were initially re-established on Feb. 25, but complete functionality of both the website and app is only now returning.
Bybit began its regulatory process early in the year, registering with the Financial Intelligence Unit as a reporting entity in January 2025.
India is a major market for the blockchain and cryptocurrency industry, once again topping Chainalysis' Global Crypto Adoption Index report this year.
"India is among the most promising digital asset markets globally," Bybit cofounder and CEO Ben Zhou said. "We are excited to resume normal business and reaffirm our devotion to delivering Indian users with secure, transparent, and world-class cryptocurrency experiences."
"It's not a comeback, it's a new chapter for Bybit in India," he added.
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