Japan’s Financial Services Agency moved to finalize a fresh round of rules under the Funds Settlement Act, clearing the way for a broader set of payment-related measures to take effect on June 1, 2026. The package covers electronic payment methods, including stablecoins, intermediary businesses for crypto assets and electronic payment services, and funds transfer businesses, according to the agency’s announcement. The FSA said the new ordinance, cabinet office orders, and related guidelines were published together after a public comment process and will be applied from June 1.

The most closely watched change involves trust-type electronic payment methods, where the FSA said reserve assets for specific trust beneficiary right-type…