Bybit to Cease Services for Residents of Japan by January 2026

Leading cryptocurrency exchange Bybit announced on the 22nd that it will terminate its services for residents of Japan. This follows the halt of new registrations on October 31st, and it was revealed that existing users will also face phased restrictions. According to Bybit's announcement, users identified as residents of Japan will see their accounts gradually restricted due to regulatory compliance. Those who have not completed Level 2 identity verification (KYC2, which includes proof of address) by January 22, 2026, will be considered residents of Japan and will face phased restrictions starting that year. If users believe there is an error in the classification of their residency, ...