Bitget announced its exit from the Japanese market. The crypto exchange stopped accepting new registrations from Japan residents and will begin restricting existing accounts starting November 1. Any positions still open on December 31 will be forcibly closed. Users must complete Level 2 identity verification by November 1 or be classified as Japan residents. This decision follows repeated warnings from Japanese regulators, including the Financial Services Agency which issued two warnings to Bitget in March 2023 and November 2024.
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