Japan Approves Stablecoins As Digital Money, But There's A Catch

Japan Takes Lead In Stablecoin Regulation As Bill Passes Through

Japan Legally Acknowledges Stablecoins as Digital Cash

To this end

The upper house of Japan’s parliament on Friday passed a bill that essentially defined stablecoins as digital currencies, imposed a mandatory link with the yen and enshrined

To this end, in Japan, only banks, fund transfer service providers, and trust companies are entitled to issue digital-money type stablecoins, and each is subject to the requirement to ensure

Japan’s Parliament on Friday signed a stablecoin bill into law recognizing stablecoins as digital money. It allows holders the right to redeem stablecoins at face value.

In Japan

In Japan, stablecoins that can be redeemed in currency fall under the category of assets denominated in currencies as stipulated in Article 2, Paragraph 6 of the current PSA. However

Stablecoins are now considered legal digital currency in Japan. They must be backed by the Japanese yen or another authorized tender that allows holders to use them at

This article explores Japan's regulatory approach to digital money, focusing on the landmark 2025 amendments to the Payment Services Act concerning stablecoins and

Digital money

Japan's Digital Currency Frontier: Understanding New Stablecoin

Regulatory Framework for Crypto-assets and Stablecoins

Digital money-type stablecoins in Japan may be issued by banks, fund transfer service providers and trust banks only, and those issuers are subject to different

On June

Stablecoins Regulations in Japan - Chambers and Partners

On June 3, the Japanese parliament passed a bill into law that recognises stablecoins as a form of digital money. To meet this definition, the law states that stablecoins must be pegged to the

【Column】Regulatory landscape in Japan for stablecoins and

Japan passes stablecoin law giving protection to crypto investors