Bybit to restrict access for Japanese residents

Crypto exchange Bybit to restrict access for Japanese users as regulatory pressure mounts The announcement comes just days after Bybit said it had returned to the U.K. What to know: Bybit will restrict access to its services for Japanese residents starting in 2026 to comply with that country's financial regulations. Japan has strict crypto regulations, and Bybit's move aims to ensure compliance with rules on customer protection and anti-money laundering. The second-largest cryptocurrency exchange by trading volume, Bybit, said it will begin restricting access to its services for residents of Japan next year as part of an effort to comply with the country’s financial regulations. (DavidRockDesign/Pixabay) The company did not specify which services would be affected, but said impacted users will receive further communication as the restrictions roll out. See all newsletters Japan has some of the most stringent crypto regulations globally. Exchanges operating in the country must register with the Financial Services Agency and follow rules on customer protection, asset segregation and anti-money laundering. Platforms that fail to meet these standards are typically forced to exit the market. Japan’s regulator is also planning on requiring local cryptocurrency exhcnages to maintain liability reserves to protect users from hacks and other operational failures. The announcement comes just days after Bybit said it had returned to the U.K., two years after stricter crypto marketing and promotion rules forced the exchange out of that country. More For You State of the Blockchain 2025 L1 tokens broadly underperformed in 2025 despite a backdrop of regulatory and institutional wins. Explore the key trends defining ten major blockchains below. What to know: 2025 was defined by a stark divergence: structural progress collided with stagnant price action. Institutional milestones were reached and TVL increased across most major ecosystems, yet the majority of large-cap Layer-1 tokens finished the year with negative or flat returns. This report analyzes the structural decoupling between network usage and token performance. We examine 10 major blockchain ecosystems, exploring protocol versus application revenues, key ecosystem narratives, mechanics driving institutional adoption, and the trends to watch as we head into 2026. More For You Solana treasury-focused Upexi files for up to $1 billion capital raise The company manages a portfolio of consumer brands and holds about 2 million SOL, making it the fourth-largest solana treasury of any public company. What to know: Upexi, a crypto treasury firm focused on solana (SOL), filed a $1 billion shelf registration with the SEC to raise capital through various securities offerings. The company manages a number of consumer brands and holds some 2 million SOL tokens, making it the fourth-largest SOL treasury of any public company. The proceeds from potential securities sales could be used for purposes, including working capital, research and development and debt repayment, and come after the company's shares have lost over 50% of their value this year.

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