Search keywords to find relevant posts.
Search keywords to find relevant events.
Search keywords to find relevant professional.
Search keywords to find relevant companies.
Search keywords to find relevant Currencies.
Search keywords to find relevant markets.
Log in to access your notifications and stay updated. If you’re not a member yet, Sign Up to get started!
Qadir Ak is the founder of Coinpedia. He has over a decade of experience writing about technology and has been covering the blockchain and cryptocurrency space since 2010. He has also interviewed a few prominent experts within the cryptocurrency space.
Several popular crypto trading apps (Bybit, Bitget, KuCoin, MEXC) have been removed from the Japanese Apple App Store.
The removals likely stem from Japan’s strict crypto regulations and the FSA’s efforts to enforce compliance.
Users with existing installations can still use the apps, but new downloads/updates are blocked.
Japan’s crypto traders woke up to an unexpected surprise—popular trading apps like Bybit, Bitget, KuCoin, and MEXC have disappeared from the Japanese Apple App Store. This sudden removal has left many users confused and concerned, especially those who rely on these apps for daily trading.
While there’s no official explanation yet, Japan’s strict crypto regulations likely played a role.
Major overseas crypto exchanges removed from Japan's Apple App Store
Major crypto exchanges such as Bybit, Bitget, KuCoin and MEXC have been removed from the Japanese Apple App Store, CoinPost reported. Currently, mobile apps for these exchanges cannot be searched out or…
Japan has some of the most stringent regulations for cryptocurrency exchanges. The Financial Services Agency (FSA) requires all exchanges operating in the country to register and meet strict security and compliance standards to protect investors.
In November 2023, the FSA issued warnings to several unregistered crypto platforms. Now, the removal of these apps appears to be connected to that crackdown. This is part of Japan’s broader effort to make its crypto market safer and prevent scams like the FTX collapse.
For now, users who already have these apps installed can still access them. However, they won’t be able to update them or reinstall them if deleted. This could push traders toward licensed local exchanges like bitFlyer, Coincheck, and GMO Coin, which comply with Japan’s regulations and offer a more secure trading environment.
While regulatory issues seem to be the main reason for the removals, there’s speculation that Apple’s own policies might also be at play. The company could be responding to government pressure, enforcing stricter compliance rules for crypto-related apps.
Japan’s FSA has a history of cracking down on unauthorized exchanges, warning that unregistered platforms don’t offer the same legal protections as licensed ones. This leaves users at greater risk.
As the situation unfolds, Japanese traders are advised to stay informed about regulatory changes and consider using compliant platforms to keep their investments safe.
Stay ahead with breaking news, expert analysis, and real-time updates on the latest trends in Bitcoin, altcoins, DeFi, NFTs, and more.
Search keywords to find relevant posts.
Search keywords to find relevant events.
Search keywords to find relevant professionals.
Search keywords to find relevant companies.
Search keywords to find relevant market currencies.
Search keywords to find relevant market exchanges.
