Bybit, a popular crypto exchange, is hitting pause on its trading services in India due to regulatory pressures. Starting January 12, Indian users won't be able to trade, open new accounts, or place orders on Bybit. This move aligns with Bybit's aim to comply with local regulations. However, users can still withdraw their funds. Bybit has faced similar challenges in Europe, halting operations in France last August. The exchange is working on securing a license to resume activities there. Stay tuned for updates as this story unfolds.