Japan’s crypto-asset, stablecoin and security token regulations
This article outlines recent trends in Japan’s domestic crypto-asset and stablecoin markets, details significant amendments made to the Payment Services Act this year, discusses the ongoing evolution of the crypto-asset legal and tax framework, and covers recent legislative changes concerning tokenised real estate interests and investment fund regulations.
Crypto and stablecoin trends
Senior Partner
Atsumi & Sakai
Tokyo
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Japan’s domestic crypto-asset market continues to show an expansionary trend. According to statistics from the Japan Virtual and Crypto Assets Exchange Association, registered crypto-asset exchange business providers reached 32 as of…