Bybit Announces Planned Exit from Japanese Market Beginning in 2026
Bybit will discontinue services for Japanese residents starting in 2026 to comply with local regulatory requirements.Summary
Cryptocurrency exchange Bybit has announced its planned withdrawal from the Japanese market, starting with gradual account restrictions for Japanese residents beginning in 2026, citing efforts to comply with Japanese regulations. Affected users must complete Identity Verification Lv. 2 (KYC2) by January 22, 2026, or face restrictions. This follows an earlier move in October 2025 where Bybit paused onboarding new users in Japan. The decision comes as Japan's Financial Services Agency (FSA) increases scrutiny on unregistered exchanges, having previously requested app removals for several platforms. Despite this regulatory tightening, Japan shows strong crypto adoption growth, though tax complexity remains a significant concern for investors.
(Source：BeInCrypto)