Bybit to Restrict Services for Japanese Residents Starting in 2026
Bybit will phase out services for Japanese residents starting in 2026 to comply with local regulations, imposing gradual account restrictions and requiring identity verification to ensure accurate residency classification. As part of this process, Bybit has already halted new user registrations in Japan, following discussions with the Financial Services Agency (FSA). This move aligns with Japan’s stringent crypto regulations, which have recently included ordering platforms like Apple and Google to block unregistered crypto exchange apps. Despite these restrictions in Japan, Bybit remains a major global cryptocurrency exchange, processing over $4.3 billion in daily trades. In contrast to its Japan exit, Bybit is expanding elsewhere, recently reentering the UK with a new platform under an arrangement with Archax and securing a virtual asset license in the United Arab Emirates.
