Japan’s Financial Services Agency (FSA), the country’s top financial regulator, has promulgated amendments to Cabinet Office ordinances tha…
Japan’s Financial Services Agency (FSA), the country’s top financial regulator, has promulgated amendments to Cabinet Office ordinances that formally recognize certain foreign-issued, trust-structured stablecoins as “electronic payment instruments,” taking effect on June 1, 2026. The changes clarify that foreign trust beneficiary rights can be treated as electronic payment instruments in Japan when the issuing jurisdiction’s rules are deemed equivalent.
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