Bitget to exit Japan, close remaining positions after Dec. 31

The crypto exchange stopped accepting new registrations from Japan residents and will begin progressively restricting existing accounts on Nov. 1.

Crypto exchange Bitget said it will stop providing services to residents of Japan and phase in account restrictions. 

The exchange announced Monday that it had stopped accepting new registrations from residents of Japan, while account restrictions will begin Nov. 1. Any positions still open on Dec. 31 will be forcibly closed.

Bitget said users who believe they have been incorrectly classified as residents of Japan must complete “Level 2” identification, which includes address verification, by Nov. 1. Failure to do so will result in their accounts being classified as belonging to residents of Japan.

Read more