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🚨 bybit saying ‘sayonara’ to new Japanese users?! 🇯🇵🔒 Are they dodging regulations
This regulatory adjustment underscores Japan’s evolving stance on digital asset supervision, moving towards aligning cryptocurrency regulations with established financial frameworks. Bybit’s preemptive action
One of the world’s largest cryptocurrency exchanges, Bybit, will halt new registrations from Japanese users starting October 31, 2025. This move aligns with upcoming regulatory changes in Japan concerning digital asset monitoring. Bybit’s decision aims to ensure compliance with Japan’s Financial Services Agency standards, demonstrating a proactive approach to local regulations.
Japan is undergoing a significant regulatory overhaul for cryptocurrencies, shifting oversight from the Payment Services Act to the stricter Financial Instruments and Foreign Exchange Act. This transition will subject crypto exchanges to the same stringent regulations as traditional securities brokerages, enhancing customer protection and transparency. The country is also exploring the possibility of banks investing in cryptocurrencies and operating their own exchanges.
Bybit stops accepting new Japanese users as crypto rules tighten
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