Bibit continues trading in India after regulation approval

Bitibt continued his trade services in India after insuring registration in Indian authorities, the exchange announced 25. February.

Move Returns complete access to Bibit’s The platform for existing users, with a new user on board, also begins gradually.

The stock market has suspended several services in January, stating regulatory challenges. At that time, Bibit was in the process of obtaining an operational license from India’s financial intelligence intelligence units.

The latest announcement confirms that Bibit has now fulfilled regulatory requirements, allowing Indian users to open new trades and access to all platform functions.

Bibit’s return comes in critical time, such as major exchanges like Stage Continue to compete for market share in India despite regulatory control. The country remains a key market for crypto companies, with increasing amounts of adoption and trade.

Bibit Hack

The announcement follows a bushing period for Bibit, which recently suffered a huge security violation.

Bibit suffered Hack $ 1.5 billion 21. February Marking the greatest cryptocracy in history. The attack targeted the Etherum Colded of a Free Colder, and hackers deceived their multi-signer security protocols.

Blockschain analysts have connected a violation toward North Korea Lazarus GroupKnown for high profile Cyber ​​Theft, including Ronin and Vazirk Hacks.

Jin Hiok Park, Long-Suspect Member Lazarus, appeared as a key figure. Previously connected with Sony Hack 2014. Vinnacri Ransomvare, Hiok, reportedly reportedly conducted a group crossing to crypto crimes. Lazarus built-in operatives in the CRIPTO companies, using phishing and insider intelligence for security security.

The violation of the BIB followed the pattern of washing stolen funds through decentralized protocols. In 2024. year, North Korean hackers stole 1.34 billion dollars; Within two months of 2025. Years have already been exceeding that number.