Overview
- Bybit will apply rolling account restrictions over time for users flagged as Japan residents instead of an immediate shutdown.
- The curbs focus on customers identified through account or location data, and the exchange is not registered with Japan’s Financial Services Agency.
- Users who contest their classification must complete Identity Verification Level 2 with proof of address by January 22, 2026 to maintain access.
- Bybit halted new registrations from Japan in October 2025 following heightened scrutiny, including FSA requests to Apple and Google to block unregistered exchange apps earlier in 2025.
- The company is emphasizing licensed markets, having secured a UAE Virtual Asset Platform Operator licence and reentered the UK via an Archax-approved promotions arrangement.