Bitget Withdraws From Japan Amid Tightening Crypto Rules and Yen Turmoil

Crypto exchange Bitget will stop accepting new registrations from Japanese users, announcing a phased exit that culminates in forced position closures by December 31, 2026.

The withdrawal comes as Japan tightens its licensing regime and grapples with severe currency turbulence.

The Timeline Japanese Users Now Face

The announcement, dated August 3, sets a clear timeline. Accounts flagged as potentially Japanese must complete that verification by November 1, 2026. Failure triggers restrictions. Users who miss the deadline face phased limitations from that date, with any remaining open positions forcibly closed by the end of December.

The exchange will email withdrawal instructions to affected users, framing the decision as part of its ongoing commitment to regulatory compliance.

The regulatory backdrop explains the move. Japan requires crypto service providers serving local residents to register with the Financial Services Agency under the Payment Services Act.

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