According to a notice that was sent by the firm on Monday, FTX Japan will resume providing withdrawal services for fiat and cryptocurrency assets as of 12:00 p.m. on February 21. The announcement fulfills a commitment that the exchange made back in December while the assets were separated from the larger FTX exchange, under Japanese law.

FTX Japan has also noted that the completion of the withdrawal process may take some time because of the high volume of requests from clients. In addition to that, the firm will also make an announcement on the resumption of the other FTX Japan services in the following days.

As part of the procedure to start allowing withdrawals, FTX Japan reportedly sent out messages asking users to verify their account balances. This was done as part of the exchange’s beta testing before commencing the withdrawal operation for the public. According to reports, the chief operating officer of the exchange, Seth Melamed, stated that users would be able to move assets to accounts on the Liquid Global platform, which was controlled by FTX, and that withdrawals would begin “very soon.”

It was subsequently allowed a further three months, until March 9, to fulfill the instructions that were issued by the regulator. The extension was necessary since the exchange’s trading systems were still not working properly and it was still unable to restore customer assets.