Cryptocurrency Q&A
Is Bybit legal in Japan?
Is Bybit legal in Japan?
Giulia
Sun Nov 24 2024
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7 answers
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I'm wondering if Bybit, the cryptocurrency trading platform, is operating legally in Japan. I've heard about regulatory warnings issued by the Japanese Financial Services Agency (FSA) to some foreign crypto exchanges, and I want to know if Bybit is among those facing any legal issues or restrictions in Japan.
7 answers
DongdaemunTrend
Tue Nov 26 2024
The Financial Services Agency (FSA) has made an announcement regarding Bybit.
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IncheonBeautyBloomingRadiance
Tue Nov 26 2024
Bybit is recognized as the fourth largest cryptocurrency exchange globally in terms of trading volume.
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DigitalLordGuard
Tue Nov 26 2024
According to the FSA, Bybit is operating in Japan without the necessary registration.
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CryptoNinja
Mon Nov 25 2024
This lack of registration is in violation of Japan's regulatory requirements for crypto exchanges.
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MysticGalaxy
Mon Nov 25 2024
The agency further alleges that Bybit has been offering crypto derivatives trading services.
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