Search results for Payment Services Act
Crypto
SBI adds Japanese short-term government bonds to reserves for yen stablecoin JPYSC
SBI Group has started managing part of the collateral for yen-pegged stablecoin JPYSC in short-term Japanese government bonds. SBI Shinsei Trust Bank and SBI VC Trade said they began the operation on Sept. 7, covering 1 billion yen of trust assets. The move uses provisions of Japan’s revised Payment Services Act, effective June 2026, which allows up to 50 percent of trust-type stablecoin reserves to be held in short-term government bonds or time deposits.
Crypto
Japan crypto rules set for major overhaul as FSA says digital finance policy goals met
Japan\'s Financial Services Agency has rated its digital finance policy as having met its goals, citing changes including an overhaul of cryptocurrency regulation and an expansion of stablecoin use. In a performance review covering July 2025 to June 2026, the agency gave its top grade to a category focused on responding strategically to societal changes driven by digitalisation. It highlighted shifting crypto oversight into a financial instruments framework and pursuing tax revisions.
Crypto
Japan moves to allow spot crypto ETFs; could Shiba Inu benefit from regulatory easing?
As Japan moves to fold cryptocurrencies into its regulated financial products framework, Shiba Inu (SHIB) may benefit in the local market. The shift includes transferring oversight from the Payment Services Act to the Financial Instruments and Exchange Act and could ease tax burdens while strengthening investor protection and trading rules. Plans to create a legal basis for crypto exchange-traded funds are also advancing. Shiba Inu has already entered Japan’s regulated distribution channels and is traded on major platforms.
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Crypto
Circle, Nomura consider stablecoin for Japanese corporate FX settlements
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Crypto
SBI VC Trade launches RLUSD service, Japan\'s first fourth-category electronic payment instrument
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Crypto
Japan\'s SBI nears launch of yen stablecoin JPYSC, targeting institutional trading
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Crypto
Japan seen as possible launch market for spot XRP ETF
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Crypto
Japan FSA to allow overseas trust-type stablecoin payments from June 1
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Crypto
Stablecoins gain momentum as battle for digital payments ecosystem intensifies
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Crypto
Japan pushes bill to classify cryptocurrencies as financial products, cuts tax rate
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Crypto
Japan to regulate cryptocurrencies like stocks, ban insider trading, mandate disclosure
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Crypto
Japan memecoin named after Takaichi draws row, raises suspicions of PM office prior knowledge
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AI & Enterprise
Sony Bank partners with JPYC to test instant purchase of yen stablecoin from bank accounts
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Crypto
Binance sees institutional investors entering in force, stablecoins taking root as payment method
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Crypto
Japan FSA releases draft rules on stablecoin reserve assets as Payment Services Act is overhauled