Bybit announced it will phase out of the Japanese market starting in 2026, choosing to back down rather than continue its confrontation with Japanese regulators. The Japanese Financial Services Agency has been pursuing Bybit for "operating without a license" since 2021 and this year demanded that Apple and Google remove related apps from their app stores. Bybit stated that Japanese resident accounts will be gradually restricted starting in 2026, and those wrongly accused will need to submit supplementary materials by January 22, 2026. (FinanceFeeds)
Bybit will phase out of the Japanese market starting in 2026.
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