According to Cointelegraph, Bitget has ceased accepting new registrations from residents of Japan. Starting November 1, the exchange will begin gradually restricting existing accounts.

Per the same report, Bitget intends to close remaining positions after December 31. Details regarding the procedure for withdrawing funds and other customer actions are not specified in the available material.

The practical significance of this news relates to changes in the availability of the crypto trading platform for users in Japan. The source is presented via metadata and a brief summary; therefore, the reasons for the exit and the full scope of restrictions require further confirmation.