Bitget has confirmed major crypto shutdown news affecting Japan. The exchange will stop onboarding new users from Japan starting August 3, 2026. This move follows a broader pattern of exchange closures shaping the market this year.
Traders are now watching how this shutdown trend unfolds across the industry, with several platforms announcing exit plans within the same month.
This report covers the official Bitget notice, current exchange data, and two other confirmed exchange closures. Each case is drawn directly from an official announcement.
Bitget confirmed the decision in an official notice published on its support center. The exchange said the step is part of its ongoing effort to comply with Japanese regulations. This crypto shutdown news confirms that new sign-ups from Japan residents will not be accepted after August 3, 2026.
Users who believe they were wrongly flagged as Japan residents must complete Level 2 identity verification quickly. This includes proof of address and standard KYC checks. Anyone who fails to finish this by November 1, 2026, will be automatically treated as a Japan resident.

Source: Official Notice
The residents will face staged account limits from November 1, 2026. Any positions still open on December 31, 2026, will be closed by force. Bitget said further steps and asset guidance will be sent by email.
The following table breaks down the Crypto Shutdown News timeline for affected users
Date | Action |
August 3, 2026 | New registrations from Japan residents blocked |
November 1, 2026 | Deadline for Level 2 verification; staged limits begin |
December 31, 2026 | Remaining open positions force closed |
This crypto shutdown news comes even as Bitget's CoinMarketCap data shows a large user base and trading volume. The exchange reports a 24-hour spot trading volume of $326,243,212.34 (5,235 BTC) and total reported assets of $5,868,123,423.98.
Founded in 2018, registered in the Seychelles
Led by CEO Gracy Chen
Serves users across more than 100 countries
Already restricts access in the US, Singapore, and a handful of other markets
Lists over 600 tokens across roughly 700 spot pairs
This exit adds one more country to that existing restricted list, extending Bitget's pattern of regional compliance moves.
These closures are unrelated to Bitget's Japan exit - separate exchanges, separate reasons, both shutting down entirely rather than exiting one market.
BitMEX is closing fully on September 23, 2026. New registrations have already stopped, and reduce-only trading begins August 26, 2026. Any open positions left at closure will be force-closed. The board cited a strategic review after a sale process found no buyer.
Source: Official Blog
BitMart began an orderly wind-down in late July 2026, with full closure set for January 2027. Users must complete KYC before withdrawing. The company cited a review of its operating conditions and future strategy.
Source: Official Post
Each platform cites a different official reason for its part in this shutdown wave. Bitget points to Japanese regulatory compliance. BitMEX cites a strategic board review after a failed sale process.
BitMart points to a review of its operating conditions and future strategy. None of the three describe financial distress, and each has urged users to withdraw funds through normal, verified channels well before its stated deadline.
Anyone affected by live or upcoming crypto shutdown news should act early rather than waiting for a final deadline reminder.
Check whether your home country or region is affected by any notice
Complete any requested identity verification before the stated deadline
Withdraw funds or close positions well ahead of forced closure dates
Watch official channels only, since closures often attract phishing attempts
Avoid relying on a single exchange for large balances
This latest crypto shutdown news shows regulation and business strategy both reshaping the exchange landscape in 2026.
Bitget's Japan exit, alongside the BitMEX and BitMart closures, is a reminder to track deadlines directly from official sources and move funds early. Users on any of these three platforms should confirm their own status now rather than waiting for a final reminder email.
Disclaimer: This article is for informational purposes only and does not constitute financial or investment advice. Always verify exchange announcements directly through official channels before taking action.