A Quick Guide to Cryptocurrency-related Regulators and Companies in Japan

Overview

Since April 2017, cryptocurrency exchange businesses operating in Japan have been regulated by the Payment Services Act. Cryptocurrency exchange businesses must be registered, keep records, take security measures to protect customers, among other things. Cryptocurrency exchanges are also subject to money laundering regulations. Source: Library of Congress


Important Regulators to Know

Important Regulators to KnowQuick Description
Financial Services Agency (FSA) Japanese government agency and an integrated financial regulator responsible for overseeing banking, securities and exchange, and insurance sectors in order to ensure the stability of the financial system of Japan
Japan Virtual Currency Exchange Association A self-regulatory group of some of the largest licensed exchange operators in Japan

List of crypto-related companies and exchanges

CompaniesExchangeProjects
SBIBitflyerNEM
LINECoincheckMonacoin
MUFGZaif
Rakuten
GMO

comment: most crypto projects in Japan currently are banks and companies creating exchanges

Other reads:

To learn more about the rest of Asia, start off with our GCR Asia Assessment grid:

Here is a quick overview of the blockchain business landscape by Hashub of Japan, separated by Exchanges and Protocols:

Leave a Reply

More from GCR

GCR Announcement GCR Exclusive Podcast

David Gan – Emerging Markets...

Our guest today is David Gan, Founder and General Partner of OP Crypto.  OP Crypto invests in digital assets out of two funds - the

Featured

ETH2 Staking vs Competing L1s

Introduction Layer 1 tokens are inherently difficult to value. One way to approach valuation is to utilize a number of dimensions to compare them to

Community

GCR Community Report

Introduction Global Coin Research (GCR) is a research and investment DAO focused on Web3. Our mission is to pioneer the future of community-driven investing. At