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Regulation · Instrument · Japan · Primary legislation · Financial Services Agency (Japan)

Japan: Act Partially Amending the Financial Instruments and Exchange Act and the Payment Services Act (2026), moving crypto-asset regulation into the FIEA

A 2026 Japanese law that moves the regulation of crypto-asset trading from the Payment Services Act to the Financial Instruments and Exchange Act. Crypto assets become a category of financial instrument distinct from securities, with disclosure rules, business conduct rules and insider-trading rules suited to them. Stablecoins and prepaid instruments stay under the Payment Services Act. The same act also covers sustainability disclosure and assurance, start-up fundraising and tougher penalties for unfair securities trading. It was submitted on 10 April 2026 and passed on 15 July 2026; most of it takes effect on a date set by cabinet order within one year of promulgation.

Final, not yet in force

Key points

Timeline

  1. 10 Apr 2026 · Proposed
    Bill submitted to the 221st Diet.[3]
  2. 15 Jul 2026 · Final
    Bill passed by the Diet.[3]
  3. 2027 · In force · upcoming
    Main provisions due to take effect by cabinet order, no later than one year after promulgation.[2]

Deployments operating under it

None recorded with a source yet.

Sources

  1. [1]Outline of the bill partially amending the Financial Instruments and Exchange Act and the Payment Services Act — Financial Services Agency (Japan), 10 Apr 2026. Accessed 13 Oct 2026. In Japanese; our summary is translated.A
  2. [2]Bill text and reasons (Act partially amending the Financial Instruments and Exchange Act and the Payment Services Act) — Financial Services Agency (Japan), 10 Apr 2026. Accessed 13 Oct 2026. In Japanese; our summary is translated.A
  3. [3]FSA-related bills in the 221st Diet session — Financial Services Agency (Japan). Accessed 13 Oct 2026. In Japanese; our summary is translated.A