Japan's Financial Services Agency Rates Cryptocurrency Regulation as A Grade
Japan's Financial Services Agency has evaluated the reform of its cryptocurrency regulatory framework and the expansion of stablecoin usage as key achievements in its digital finance policy. In its performance evaluation report for the fiscal year 2025, it awarded an A grade to the digital finance policy, indicating that the goals have been met. The core of the regulatory reform is to shift the regulation of cryptocurrency trading from the Payment Services Act to the Financial Instruments and Exchange Act. The relevant bill was submitted to the National Diet in April and was finalized on July 15. The House of Representatives of Japan announced that it would organize the information disclosure system related to cryptocurrencies and the regulations on trading businesses within the Financial Instruments and Exchange Act. The Ministry of Finance of Japan proposed a plan to apply a 20% separate taxation rate on capital gains from specific cryptocurrencies in the draft tax reform for fiscal year 2026. In the stablecoin sector, the yen-based payment experiment has shown results, and the Financial Services Agency plans to revise the government ordinance under the amended Payment Services Act in 2025, with implementation scheduled for June 2026. The agency is establishing a 'Payment Enhancement Project' within its fintech proof-of-concept hub to support the joint issuance of yen stablecoins. It plans to identify tasks for the healthy development of digital finance in the future.
-- Price
This content is provided for general informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online promotions, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets. Crypto assets are highly volatile and may result in loss. The availability of WEEX services, products, and related events may vary by region. You are responsible for ensuring that your participation is in accordance with applicable local laws and regulations.
You may also like

BlackRock Brings Three Traditional Funds to Blockchain

Sun Yuchen Prize Announces First Batch of Winners, $10 Million Prize Pool Deposited

Kakao Pay and Kakao Bank Partner with Fireblocks to Begin Verification of KRW Stablecoin Project

Chainlink and Infosys Forge Strategic Partnership to Drive Financial Standardization

Kakao Pay, Kakao Bank Collaborate with Fireblocks on Stablecoin Infrastructure

0G launches liquid staking gateway for AI compute credits

Banks Monitor Crypto Transfers, No Fixed Limit for Blocking

Safe Foundation Proposes Grant of 7.4 Million SAFE to Support Safenet Aegis Network

Renaiss Completes TCG Card Machine Application Integration with GIWATER, Becoming the First DEX in Korea to Connect

Optimism approves Upgrade 20 for Superchain interoperability

US Congress to Discuss Bitcoin Reserve and Crypto Tax Bills

Circle Completes 10 Billion ARC Genesis Minting, No Commitment to Public Offering

Derive Community Proposal to Deploy V3 and Shut Down Derive Chain

Aetena Claims No Exceptions in SOC 2 Type II Audit of USDe Operations

Kaito Unveils Kaito Pulse, a Trading Verification Browser Extension on X Timeline

Quantus Launches Mainnet and Announces 430 QTPS Performance on September 9

Kakao Pay Completes Proof of Concept for Digital Asset Wallet Technology

OpenAI Publishes Solution to Navier-Stokes Millennium Problem and Lean Proof

Visa and Brale Conduct SBC Settlement Test on Canton Network

House Foods Launches Campaign to Gift JPYC to 100 Winners

USD.AI Releases First Verification Report on GPU-Backed Loan Portfolio

World Open Sources ProveKit Zero-Knowledge Proof Toolkit

CoinGecko Moves Security Ratings to CORE3, Nearly Half of Exchanges Lack Security Proof




