Crypto Highlights: Bybit Halts India Services
Real Vision co-founder Raoul Pal predicts a ‘Banana Singularity’ for crypto, while Russia seizes $10M in Bitcoin. @Bybit halts its services in India amid regulatory concerns. #Update #Crypto $BTC (-3) ↘
India
Crypto Highlights Bybit Halts India Services
Real Vision’s Raoul Pal predicts crypto’s ‘Banana Singularity,’ while Russia seizes $10M in Bitcoin. @Bybit halts services in India amid regulatory challenges. #Update #Crypto $BTC (-3) ↘
Crypto Trading Halt: Bybit Exits India
@Bybit will temporarily suspend services in India due to regulatory requirements, allowing only withdrawals. The company aims to resume full operations soon after registering as a Virtual Digital Asset Service Provider under Indian law. #Update #Legal @Bybit (+3) →
Bybit Restricts Services in India
@Bybit will restrict services in India from January 12, 2025, due to regulatory issues; trading and P2P crypto-to-rupee exchanges will halt, but fund withdrawals remain available. Previous exits include @OKX amid $97M tax claims. #Update #Legal @Bybit (+6) →
Microsoft Invests $3B in India AI
@Microsoft announces a $3 billion investment to enhance AI capabilities in India, focusing on Azure expansion and training 500,000 individuals in AI skills over two years. • #Update • @Microsoft • (+6) • ↗
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