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Japan crypto licensing: FIEA crypto amendment
Upcoming Next deadline: 22 Jul 2027 (takes effect) · our calculation
- Regulator
- Financial Services Agency (FSA)
- Legal basis
- Act amending the FIEA and the Payment Services Act (Act No. 64 of 2026)
FSA · Bills submitted to the 221st Diet
FSA · Act text and reasons (PDF) - Official register
- FSA list of registered crypto-asset exchange service providers · Format: PDF
What is changing
Japan is moving crypto-asset trading regulation from the Payment Services Act into the Financial Instruments and Exchange Act. Crypto-assets are treated as financial instruments distinct from securities, with new disclosure, business-conduct and unfair-trading rules (FSA bill outline).
Tougher penalties for unregistered operators have applied since 12 August 2026. The main provisions start on a date set by Cabinet Order, no later than one year after promulgation (22 July 2027 by our calculation).
Timeline
- bill submitted
The government submits the bill to the Diet.
Sources: FSA · 221st Diet bills official
- law adopted
The Diet enacts the Act. Crypto-asset trading regulation moves from the Payment Services Act to the Financial Instruments and Exchange Act.
Sources: FSA · 221st Diet bills official · FSA · Bill outline (PDF) official
- in force
First provisions take effect 20 days after promulgation: higher penalties for unregistered business and new criminal-investigation powers for the SESC.
Sources: FSA · Press release, 29 Jul 2026 official
- takes effect · our calculation
Latest date for the main provisions. The Act takes effect on 'a date set by Cabinet Order within one year of promulgation' (Supplementary Provisions, art. 1). Promulgation was 23 July 2026, derived from the FSA's 20-day count, so the latest date is 22 July 2027 by our calculation. The Cabinet Order date has not been announced.
Sources: FSA · Act text, Supplementary Provisions art. 1 (PDF) official · FSA · Press release, 29 Jul 2026 official
A company-level tracker for Japan is in preparation. This page covers the rules and dates only. CSV
Cite this
VASP Tracker, “Japan crypto licensing: FIEA crypto amendment”, https://vasptracker.com/en/jp/ (20 Oct 2026), CC BY 4.0.