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Bybit joins Bengaluru fintech summit to deepen India ties

Bybit joins Bengaluru fintech summit to deepen India ties

Tue, 5th May 2026 (Today)
Joseph Gabriel Lagonsin
JOSEPH GABRIEL LAGONSIN News Editor

Bybit will attend the World Fintech Summit in Bengaluru as a Silver Partner, underscoring its focus on India.

The cryptocurrency exchange said its Global Policy Head, Mykolas, will join a panel on India's fintech sector and Karnataka's role in it. The discussion is titled "Vision 2030: Building India's $1 Trillion Fintech Economy with Karnataka at the Forefront."

Backed by the Government of Karnataka, the summit is positioned as a meeting point for policymakers, regulators, fintech companies, investors and technology firms. Organisers expect more than 100 speakers from banking, financial services, insurance and fintech, along with more than 40 technology and solutions partners and more than 20 policymakers and regulators.

For Bybit, the appearance is part of a broader effort to deepen ties in one of the world's busiest digital finance markets. It aims to build strategic relationships, engage with government stakeholders and explore opportunities in blockchain-based financial services.

India has become a closely watched market for global crypto and fintech groups because of its scale, strong digital payments adoption and fast-growing developer and start-up base. Karnataka, and Bengaluru in particular, has long promoted itself as a technology and innovation hub, making the state a frequent venue for discussions on fintech policy and investment.

The panel featuring Mykolas will focus on innovation, regulatory frameworks and public-private partnerships in India's fintech growth. It will also examine Karnataka's role in the country's ambition to build a fintech economy worth USD $1 trillion.

That matters for firms such as Bybit, which are looking for ways to engage with regulators and policymakers as governments weigh how digital assets should fit into broader financial systems. Across many markets, crypto exchanges are navigating tighter oversight, licensing requirements and a more demanding policy environment after volatility in digital asset markets.

India focus

Bybit's comments suggest India remains important to its international policy outreach, even as the country maintains a cautious stance on cryptocurrencies. Authorities have allowed trading to continue under tax and compliance rules, while broader questions around regulation, investor protection and the role of digital assets in the financial system remain unresolved.

That makes policy forums especially relevant for overseas crypto firms seeking to understand official thinking and present their views on blockchain-based financial models. Engagement with ministers, state agencies and industry bodies can help these companies build visibility in a market where regulation is still evolving.

Bybit expects to engage with figures including Sanjeev Kumar Gupta, Chief Executive Officer of KDEM, and Priyank Kharge, Karnataka's Minister of Electronics, IT & Biotechnology and Rural Development, as well as other policymakers and industry executives.

The company also plans to discuss Real-World Assets, or RWAs, tokenised versions of assets linked to traditional finance. Supporters say tokenisation can connect established asset classes with digital platforms, while critics point to legal, operational and regulatory questions that remain unresolved.

Policy dialogue

For the broader fintech sector, the summit reflects how state governments, established financial institutions and newer technology firms are increasingly converging around the same policy agenda. Topics such as digital inclusion, regulatory design and the practical use of blockchain tools now sit alongside more familiar discussions about payments, lending and financial infrastructure.

Bybit presented its role at the gathering as part of that conversation rather than a product push. Its emphasis on policy dialogue and market engagement shows how large crypto exchanges are seeking to position themselves within mainstream financial discussions as governments decide how far and how quickly to integrate digital asset models.

Mykolas outlined that approach in the company's statement: "India continues to be one of the most dynamic fintech markets globally, driven by rapid digital adoption and a progressive innovation ecosystem. Participating in the World Fintech Summit provides a valuable opportunity to engage with policymakers and industry leaders while contributing to discussions around the future of finance and blockchain-led innovation."