Bybit, a crypto exchange, is set to restrict access for users in Japan. This development follows increasing regulatory pressure in the region. The announcement was made shortly after Bybit revealed its return to the U.K. The move to restrict services in Japan indicates a proactive approach by Bybit to comply with local regulations, which is a common practice among crypto exchanges operating in different jurisdictions. Regulatory compliance is crucial for exchanges to maintain their operations and expand their reach in the global market.

Bybit, a crypto exchange, is set to restrict access for users in Japan. This development follows increasing regulatory pressure in the region. The announcement was made shortly after Bybit revealed its return to the U.K. The move to restrict services in Japan indicates a proactive approach by Bybit to comply with local regulations, which is a common practice among crypto exchanges operating in different jurisdictions. Regulatory compliance is crucial for exchanges to maintain their operations and expand their reach in the global market.