Bybit registers with India’s FIU after settling $1m non-compliance penalty

Cryptocurrency exchange ByBit is set to resume its services in India after registering with the country’s Financial Intelligence Unit. In a press release shared with crypto.news, ByBit said it is now registered with the FIU and compliant with and compliant with India’s Prevention of Money Laundering Act. “We have been working diligently with the FIU-IND […]

Swiss chancellery registers proposal to add Bitcoin to national reserves

A proposition to add Bitcoin to Switzerland’s national reserves has been set in motion by the Swiss Chancellery. Proposed by a coalition of ten Swiss crypto advocates, including Tether’s Vice President of Energy and Mining Giw Zanganeh and Swiss think tank 2B4CH founder Yves Bennaïm, the initiative needs 100,000 signatures to advance a constitutional amendment […]