Major Overseas Cryptocurrency Exchange Bybit to Suspend New Registrations from Japanese Users Starting October 31

On the 30th, Bybit, a major cryptocurrency exchange, announced the temporary suspension of account registrations for new users in Japan.

Bybit, ranking second in the world in trading volume after Binance, has a significant number of Japanese users. The suspension, effective from 9 PM (Japan time) on October 31, is aimed at complying with the regulatory guidelines set by Japan's Financial Services Agency (FSA).

Bybit prioritizes investor protection and regulatory compliance, and is preparing for full registration in the future.

Bybit, the world's second-largest exchange by trading volume, is an international platform that hosts a large number of Japanese users. The company is working to comply with regulations set by Japan's FSA...