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Bitget restricts Japan user accounts and plans forced liquidation by year-end due to regulatory compliance.

Market News
17 Oct 2026
Tokenpost
View Source
Bearish
Bitget restricts Japan user accounts and plans forced liquidation by year-end due to regulatory compliance.

Bitget will move accounts identified as belonging to Japan residents into close-only mode starting Oct. 31, preventing new trades and most product uses. Users can still deposit, withdraw assets, and convert crypto to Bitcoin or Ether. Remaining open positions will be forcibly liquidated by Dec. 30, with card services suspended the same day. This phased shutdown follows Bitget's August announcement to comply with Japanese regulations and comes after a $388 million unauthorized transfer incident in September, which has since been addressed.

Bitget's plan to restrict Japan-resident accounts is noted here with Pluang's market data as of Oct 17, 2026 20:21 WIB. Among 50 major cryptocurrencies priced on Pluang, 7 rose and 42 fell today. Notable movers include SAND at Rp1.057 with an 8.52% increase, EOS at Rp12.649 up 8.13%, and SNX at Rp3.849 down 6.08%.

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