ChainCatcher news, according to TechCrunch, although India has become one of the fastest-growing markets for ChatGPT, OpenAI still faces challenges in monetization locally. Data shows that since 2023, Indian users have spent only about $8 million through in-app purchases, far less than the $330 million spent by users in the United States. High subscription fees ($20/month) and the lack of local pricing are considered the main reasons. OpenAI is seeking to partner with Indian telecom giant Jio to expand coverage and achieve its "billion users" vision.

ChainCatcher news, the Meme coin launch platform Pump.fun based on Solana has announced that it has banned Indian users from using the platform.

ChainCatcher message, Bybit officially announced that due to the latest policies from Indian regulatory authorities and the continuation of previously implemented restrictions, Indian users will temporarily be unable to open new trades or access any products on the Bybit platform starting from 8 AM UTC on January 12, 2025. The only exception is the withdrawal function, which will remain available for user convenience. The specific impacts include:Trading and deposits: All cryptocurrency and fiat trading products will stop accepting new orders, and existing derivative positions will be adjusted to "close only" mode, with no new or modified positions allowed. The deposit functions for cryptocurrencies and fiat will also be temporarily halted.Copy trading and trading bots: All master-slave relationships in copy trading and trading bots will terminate before 5 AM UTC on January 13.P2P advertisements: All advertisements priced in Indian Rupees (INR) will be removed at 8 AM UTC on January 12.Bybit stated that it will continue to comply with relevant regulations, provide compliant services to users, and offer convenient withdrawal channels for affected users.

ChainCatcher news, according to TechCrunch, Coinbase stated in an email that it will stop providing all trading services for Indian users after September 25 and advised users to withdraw all funds from their accounts.In addition, Coinbase has also banned Indian users from registering on the exchange and encouraged them to download Coinbase Wallet. Coinbase has long faced regulatory challenges in India, resulting in at least two executives leaving the company.