FSA

Highlights: Japan will classify cryptocurrencies as financial products under the Financial Instruments and Exchange Act. The new flat tax rate on approved crypto assets will be 20%, down from 55%. Exchanges must disclose details about 105 crypto tokens, including risks […]

Highlights: Japan’s FSA reportedly backs the collaboration of three of the country’s biggest banks to issue stablecoins. The Japanese regulatory body wants to test whether the nation’s regulatory framework can support stablecoins jointly issued by multiple banking groups. The FSA […]

Highlights: Japan’s FSA may permit banks to acquire and hold cryptocurrencies for investment purposes. The regulator also considers allowing banks to register as cryptocurrency exchange operators. Over 12 million crypto accounts already exist in Japan, underscoring regulatory urgency. Japan’s top […]

Highlights: Fasset secures Malaysia license to launch first stablecoin-powered Islamic digital bank. It will offer Shariah-compliant savings, zero-interest accounts, investments, and global payments. Expansion plans include a Visa-linked crypto card and an Ethereum Layer 2 network, Own. Fasset, a digital […]

Highlights: Japan prepares its first yen-backed stablecoin, led by JPYC. JPYC aims to issue up to 1 trillion yen stablecoins within three years. Stablecoins entering Japan signal growing institutional demand and mainstream adoption across financial markets. Japan is moving into […]

Highlights: Japan’s FSA proposes two crypto asset categories to improve oversight and tailor regulations. Business crypto assets will face stricter disclosure, while Bitcoin and Ethereum fall under non-business crypto assets. A new legal framework is expected by 2026, aligning crypto […]

Highlights: Japan plans to classify crypto as financial products and apply insider trading rules to digital assets. Crypto exchanges in Japan may need to keep client assets in domestic custody for better protection. The changes could impact global crypto firms […]

Highlights: Japan has blocked users from downloading five unregistered crypto exchanges from Google and Apple stores. The FSA requires all crypto exchanges operating in the country to register before offering services to users. Users affected by the move can still […]

Highlights: Overseas cryptocurrency exchanges without proper registration are being warned by Japan’s FSA. New laws will prevent asset leakage if unregistered overseas cryptocurrency exchanges go bankrupt, protecting investors. Japan balances innovation and consumer protection, regulating unregistered overseas cryptocurrency exchanges and […]

Highlights: Japan’s Financial Services Agency warns LBank for unregistered cryptocurrency services, raising compliance concerns. LBank had listed Aethir (ATH) on June 13 despite facing regulatory scrutiny from the Japanese authorities. The FSA previously issued warnings to Bybit, MEXC, Bitget, and […]