Bybit crypto exchange suspends registration in Japan to comply with new FSA regulations

The company emphasized that it will continue to cooperate with the regulator and ensure compliance with all requirements

Bybit suspends registration of new users in Japan due to new FSA regulations

31.10.2025 - 09:55

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2 min

Key points:

Crypto exchange Bybit is suspending new user registration in Japan from October 31 to adapt to new FSA rules.
Existing Japanese customers will be able to continue using all services without change.

The Bybit cryptocurrency exchange has announced a temporary suspension of new user registrations from Japan, starting October 31. This decision is due to the need to adapt to new requirements from the Japanese Financial Services Agency (FSA).

In an official statement, the company explained that this step is part of its strategy to align its activities with the country’s emerging regulatory framework for digital assets. Representatives of the platform emphasized that Bybit has always strictly complied with local laws and regulations established by regulatory authorities.

Current Japanese users will be able to continue using all of the platform’s services without restrictions. The company promised to keep customers informed of further changes as negotiations with financial regulators progress.

FSA may allow banks to store bitcoins

Meanwhile, Japan’s Financial Services Agency is considering amendments to existing legislation that could allow banks to acquire, store, and manage cryptocurrencies, as well as own licensed crypto exchanges.

These proposals will be discussed at the next meeting of the Financial Services Council. The main goal of the reforms is to align the regulation of digital assets with the rules that apply to traditional financial instruments, such as stocks and government bonds.

The FSA is expected to develop a risk management system to mitigate the effects of cryptocurrency volatility. Banks wishing to work with digital assets will be required to comply with new capital and risk management requirements.

Earlier this month, Bybit received a virtual asset platform operator license from the Securities and Commodities Authority (SCA) of the United Arab Emirates, becoming the first crypto exchange to be fully approved by the regulator.

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