Why Bybit will end services in Japan

Bybit will stop providing services to Japanese residents in January, bowing to relentless pressure from financial regulators. When users with Japanese IP addresses access the Bybit website, they are confronted with a message that reads: “Service not available in your country/region.” “As part of Bybit’s proactive efforts to comply with Japanese regulations, we have decided to terminate services for customers residing in Japan,” the exchange said in an announcement reported by the Japanese media outlet Co ...