Bybit to Temporarily Restrict Services in India Due to Regulatory Issues
- Bybit will restrict services in India starting January 12, 2025.
- Indian users cannot open new trades or access most products, but fund withdrawals remain available.
- Trading bot operations and copy trading will stop on January 13, 2025.
- P2P crypto-to-rupee exchanges will be removed on January 12, 2025.
- Transactions with the Bybit Card will face restrictions.
The cryptocurrency platform Bybit will limit its services in India from January 12, 2025, due to regulatory challenges. Indian users can still withdraw funds but cannot initiate new trades or use most products. Trading bots and copy trading activities will cease by January 13, while P2P exchanges end a day earlier.
