- Bybit plans service restrictions for Japanese users by 2026.
- User registrations will halt in October 2025.
- KYC Level 2 mandatory by January 2026.
Bybit announced restrictions for Japanese residents’ services starting in 2026, indicating a decision likely influenced by regulatory pressures, as revealed on their primary announcement page.
This move could impact Bybit’s market presence in Japan, potentially affecting user engagement and compliance strategies across international cryptocurrency exchanges.
Bybit has announced that it will gradually restrict services for Japanese residents, starting in 2026. The announcement is published on their primary platform, emphasizing that these changes will affect user accounts.
No statements from Bybit’s leadership were made available, though CEO Ben Zhou has been with the company since 2018. The decision appears to stem from regulatory considerations.
The restrictions will have a significant impact on Bybit’s users in Japan. The planned cutoff for new user registrations will be in October 2025.
These actions could potentially disrupt user activities by enforcing mandatory KYC Level 2 verifications starting January 2026. These regulatory moves underline pressures faced by cryptocurrency platforms globally.
Without specific assets identified, these restrictions suggest a broad strategy to comply with Japanese legal requirements. Bybit did not cite any particular financial data or market shifts.
Looking historically, the lack of direct regulatory engagement suggests potential risks. Compliance concerns highlight the need for proactive measures in cryptocurrency operations. “If you’re a resident of Japan, please note that starting from 2026 your account will be subject to gradual restrictions. You’ll receive …” – Bybit Official Announcement, Company Announcement, Bybit
