Bybit Halts New User Registrations in Japan Amid Regulatory Shakeup
Bybit slams brakes on Japanese expansion as regulators tighten grip
The crypto exchange giant hits pause on new account creations in one of Asia's most lucrative markets. Existing users can keep trading—for now.
Regulatory Pressure Mounts
Japan's Financial Services Agency isn't playing nice with offshore exchanges that bypass local licensing requirements. Bybit joins the growing list of platforms facing increased scrutiny in the regulated Japanese market.
Strategic Retreat or Temporary Pause?
The move comes as global exchanges weigh compliance costs against market access. Some see it as a tactical withdrawal while others suspect permanent restructuring. Either way, Japanese traders lose another gateway to global liquidity pools.
Another reminder that in crypto, geography often trumps technology—regulators still hold the keys to market access, no matter how decentralized the underlying assets claim to be.
