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Japan

JP / JPNLegal — Regulated

Japan was first G7 country to regulate crypto (2016 PSA). VASPs must register with FSA. Stablecoin regulation enacted 2022. Strong consumer protection requirements.

Key Regulations

Payment Services Act (PSA)Financial Instruments and Exchange Act (FIEA)AML Act

Regulatory Context

Crypto assets are legal in Japan under applicable regulatory frameworks. Exchanges and service providers typically require registration or licensing with FSA / JFSA. AML/KYC obligations apply to virtual asset service providers (VASPs) under FATF guidance.

Regulatory Profile

Primary Regulator

FSA / JFSA

Official site

Currency

JPY

MiCA Applies

FATF Member

Yes

OFAC Sanctions

None

G20 / OECD

G20 · OECD

SL-1 API Call

{
  "action": "place_order",
  "actor": {
    "declared_jurisdiction": "JP"
  }
}

Expected verdict

COMPLIANT

Test SL-1 on your protocol →

Other Legal — Regulated Jurisdictions