Is LBank available in Japan?

Not available without FSA registration

LBank is not registered as a crypto asset exchange service provider with the Financial Services Agency of Japan (FSA). The FSA has issued a public warning that LBank solicits Japanese residents without registration, and during 2025 it asked Apple and Google to remove LBank from Japanese app stores. Treat LBank as not available to residents of Japan through a registered route.

As of: 26 June 2026 Last reviewed: 26 June 2026

Information, not advice. This is general information, not legal, tax, or financial advice. Verify the current rules with a qualified local professional and the official regulator before acting.

How we checked this. We set this status by reading the platform's own terms of use and country eligibility, and the public register kept by the named regulator, then dated the result. Availability can change, so confirm directly with the platform and the regulator before acting. As of 26 June 2026.

Quick answer

As of 26 June 2026, LBank is not registered as a crypto asset exchange service provider with the Financial Services Agency of Japan (FSA). The FSA has issued a public warning that LBank solicits Japanese residents without the registration required under the Payment Services Act, and during 2025 it asked Apple and Google to remove several unregistered platforms, including LBank, from Japanese app stores. Treat LBank as not available to residents of Japan through a registered route and verify the current position before acting.

Availability

Availability for Japan residents

Japan regulates crypto under the Payment Services Act, supervised by the Financial Services Agency, known as the FSA. A platform that offers crypto exchange services to Japanese residents must register as a crypto asset exchange service provider, meet asset segregation and custody standards, and satisfy strict customer protection rules. Soliciting Japanese residents without that registration is not permitted.

As of 26 June 2026, LBank is not registered with the FSA. The FSA has published a warning naming LBank for soliciting Japanese residents without registration, noting concerns such as an unclear corporate address and representative. During 2025 the FSA asked Apple and Google to suspend the app store availability of several unregistered platforms, including LBank, and the apps were removed from Japanese listings.

Because LBank is not registered as a crypto asset exchange service provider with the FSA and has been the subject of a warning, the registered route is treated here as not available, and the position should be confirmed directly with the regulator.

How it works

Access, KYC, and products

LBank is a global crypto exchange that offers spot and derivatives trading. It is a custodial platform, which means it holds the assets in an account on the user behalf rather than giving the user the private keys, and it requires identity verification, known as know your customer, before trading.

In Japan the practical barrier is registration. A platform that serves Japanese residents must register with the FSA, and unregistered platforms can be the subject of public warnings and app store removals. Because LBank is not registered and has been warned, residents should treat access as not available through a registered route and confirm the regulatory position rather than the day to day mechanics.

Tax

How crypto is taxed in Japan

Japan taxes crypto for individuals, with the National Tax Agency as the tax authority. Profits from crypto are generally treated as miscellaneous income and taxed at progressive rates, which can be combined with other income, rather than at a separate flat capital gains rate.

Rules and rates depend on personal circumstances and can change, so confirm the current treatment with the National Tax Agency or a qualified adviser. See the Japan crypto tax page for a fuller explanation. This is general information, not tax advice (as of 26 June 2026).

Sourcing

Regulator and sources

The Japan regulator for crypto is the Financial Services Agency, working under the Payment Services Act, and tax is administered by the National Tax Agency. The position below is stated as of 26 June 2026 and should be confirmed on the primary sources.

FAQ

Frequently asked questions

Is LBank available in Japan?

As of 26 June 2026, LBank is not registered with the Financial Services Agency, and the FSA has warned that it solicits Japanese residents without registration. Its app was removed from Japanese app stores in 2025, so treat it as not available through a registered route.

Is LBank registered with the FSA?

No. As of 26 June 2026, LBank is not registered as a crypto asset exchange service provider with the Financial Services Agency of Japan, which a platform serving Japanese residents is required to be.

Is it legal to own crypto in Japan?

Yes. Holding, buying, and selling crypto is legal in Japan and is supervised under the Payment Services Act. The open question on this page is the registration of the LBank platform, not whether owning crypto is allowed.

Why did the FSA warn LBank?

The Financial Services Agency issued a public warning that LBank solicits Japanese residents without the registration required under the Payment Services Act, citing concerns including an unclear corporate address and representative.

How is crypto taxed in Japan?

Profits from crypto are generally treated as miscellaneous income and taxed at progressive rates, overseen by the National Tax Agency, rather than at a separate flat rate. See the Japan crypto tax page. This is general information, not tax advice.

Where can I confirm the current position?

Check the Financial Services Agency warnings and registers and LBank own published updates. Those primary sources are the most current way to confirm availability before acting.

Rules change frequently. Exchange availability and registrations can change at short notice, and Japan actively warns and restricts unregistered platforms. The status could change if LBank registers with the FSA. The position on this page is dated 26 June 2026. Confirm the current status with the Financial Services Agency and the platform before you act.

Keep reading

Related pages

LBank exchange overviewJapan crypto rulesJapan regulationJapan crypto taxBest exchanges in JapanThe Compliance Ledger

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Written and reviewed by the wherelegalcrypto editorial team, Morten Andersen and Fredrik Filipsson. Each status is checked against the named regulator and dated. See our editorial standards.