Bybit temporarily suspends registration of new users from Japan

30.10.2025

Starting October 31, crypto exchange Bybit will restrict the creation of new accounts in Japan to comply with local regulatory requirements set by the Financial Services Agency (FSA). The company described this step as part of its “proactive approach” to following digital asset regulations. According to Bybit’s statement, the platform has always aimed to operate responsibly and within the legal frameworks of the countries where it provides services. Current Japanese users will not be affected – trading and withdrawal functions will remain fully available. The company also promised to keep clients informed as discussions with the regulator progress. Recently, Japan’s FSA has intensified oversight of the digital asset market. The agency is considering allowing banks to hold cryptocurrencies such as Bitcoin and manage licensed trading platforms. This move aims to integrate crypto assets into the traditional financial system alongside stocks and government bonds. In addition, the FSA is developing a risk management framework to address cryptocurrency volatility. The new measures are expected to enhance industry stability and encourage greater institutional participation within Japan’s banking sector. Earlier, Japan’s Finance Minister Katsunobu Kato stated that digital assets could become part of diversified investment portfolios. In October, Japanese startup JPYC launched the world’s first stablecoin pegged to the yen, marking another milestone in integrating crypto into the national financial system. Bybit’s decision reflects how major exchanges are adapting to evolving regulatory landscapes, balancing business growth with compliance. Such actions could shape the future of the global crypto market toward greater transparency and legal clarity.