Guides
Japan crypto rules explained: FSA registration, 95% cold storage and 2x leverage
Crypto exchanges in Japan must register with the Financial Services Agency under the Payment Services Act, keep at least 95% of customer coins offline, and cap retail leverage at 2x. A 2026 government bill would revise the rules again, borrowing from securities law.
Policy
Japan's FSA wants an on-chain finance roadmap by early 2027. Who is at the table?
Japan's Financial Services Agency has opened two new tracks in three weeks: a cross-ministry forum on on-chain finance in the AI era, and a study group on digital and decentralized finance that heard from Nomura and Securitize first.