Deribit moved to block users in Japan after the country tightened its crypto rules. Other derivatives exchanges are weighing their options

Quick Take

  • Japan has put in force stricter rules for cryptocurrency exchanges
  • Last week, BitMEX stopped serving users based in Japan, citing these amended regulations
  • Now Deribit has followed suit, The Block has learned, while other crypto exchanges like OKEx and FTX say they’re weighing their options 
Crypto derivatives exchange Deribit has stopped serving customers in Japan. Other exchanges, including FTX and OKEx, are weighing their options as well.

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May 5, 2022, 3:17PM UTC