Bybit has been fined 9.27 crore rupees ($1.06m) by India's financial regulator for failing to register under the Prevention of Money Laundering Act (PMLA), which led to its compliance status being unclear.
The fine was imposed by India's Financial Intelligence Unit (FIU) after Bybit continued operating in India without securing mandatory registration.
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The fine was imposed by India's Financial Intelligence Unit (FIU) after Bybit continued operating in India without securing mandatory registration.
@AlphaAnalyzer