The Indian government has removed Bybit, Bitget, and Bitmart from the Play Store in a significant crackdown on crypto exchanges that fail to meet regulatory standards.

The Financial Intelligence Unit (FIU) cited non-compliance with the Prevention of Money Laundering Act (PMLA) and issued compliance notices to these platforms.

Indian authorities are intensifying efforts to ensure that offshore exchanges operating in the country adhere to stringent KYC protocols and AML/CFT regulations. #bybit #bitget #bitmart 😞