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crypto.news 2025-02-07 08:38:14

Apple removes Bybit, KuCoin, Bitget from Japan’s App Store

Apple removes Bybit, KuCoin, Bitget from Japan’s App Store

Apple has quietly removed multiple crypto exchange apps from Japan’s App Store at the request of authorities. Some crypto exchange apps are disappearing from Japan ‘s App Store as Apple has seemingly removed several after authorities raised concerns. According to a Yahoo Japan report , mobile applications for Bybit , KuCoin , Bitget , MEXC, and LBank are no longer available in Japan’s App Store. These exchanges had previously been warned by Japan’s Financial Services Agency for operating without registration. Not all unlicensed exchanges are affected, though. The report points out that searches for “crypto assets” or “virtual currency” still bring up apps from Crypto.com and CoinEx. In a Feb. 6 blog post , Bybit confirmed the removal but reassured users that those “who have already downloaded the app can continue using it without any issues.” “We sincerely apologize for any inconvenience or concern this may cause. Please note that this does not affect Bybit’s services in any way. We continue to serve Japanese-speaking customers, and all functions, including deposits, withdrawals, and trading, remain fully operational. All customer accounts and assets are securely protected.” Bybit You might also like: Japanese government says no to Bitcoin reserve As of press time, authorities haven’t made any public statements. The timing is notable as it’s coming just weeks after the FSA pushed for stricter internal audits and oversight of crypto exchanges. In a late December press release , the regulator said it planned to update its “Current Situation and Issues” guidelines to align with international standards. It also hosted a roundtable in late January on improving internal audits at financial institutions, with participation from the Japan Cryptocurrency Exchange Association. However, no details from that meeting were disclosed. Read more: Chainalysis: ETH scams linked to Japanese crypto exchanges drop 69% in H1 2024

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