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The Bybit cryptocurrency exchange announced that from October 31, 2025, Japanese users will no longer be able to register on the platform. The company explained this by the need to fully comply with Japanese financial legislation.

So far, we are talking only about new users – already registered Japanese will be able to continue using all the functions and tools without problems. However, experts do not rule out that in the future additional requirements may appear for "old" customers.

The thing is that Bybit has been negotiating with the Financial Services Agency of Japan (FSA) for a long time. A few years ago, the regulator warned the exchange that it was operating without the necessary license. Recently, the FSA has been actively involved in international crypto platforms operating in Japan.

In 2024, the Law on Financial Instruments and Exchanges was updated, which also played a role. The new rules have become stricter, especially regarding transactions with cryptocurrencies, and companies now have a greater responsibility to comply with all formalities. These measures are aimed at protecting investors from the risks associated with volatile assets.

Bybit considers this situation as temporary. The company says it will continue to cooperate with Japanese regulators and is working on a long-term strategy to fully operate in Japan within the framework of the law. The main thing for them is to protect the interests of users and business transparency.
This whole story shows how the crypto market is gradually becoming more formal.

Regulators around the world are increasing their control over international platforms, forcing them to either comply with local regulations or restrict their activities. For the crypto industry, this means moving from anonymity to greater transparency and regulation.