In a compliance-driven shift, Bybit revealed plans to phase out its offerings for customers living in Japan, with restrictions starting in 2026. The exchange stated the gradual account limitations will be applied systematically to those with resident status in the country.
To address classification errors, Bybit has called on affected users to complete enhanced identity checks. This procedure is critical because the exchange does not possess registration from Japan’s Financial Services Agency, a prerequisite for operating a crypto business there.
Bybit directly informed clients through a published announcement. It conveyed, “If you’re a resident of Japan, please note that starting from 2026 your account will be subject to gradual restrictions. You’ll receive additional updates on the remediation process in subsequent communications.”
The exchange is a major hub for trading assets like Bitcoin and Ethereum, frequently ranking as a top global venue by liquidity. CoinGecko data shows Bybit’s 24-hour trading volume stood near $4.3 billion at the time of reporting.
