Japan’s FSA opens qualified path for foreign trust-type stablecoins under new payment rules
Japan’s Financial Services Agency (FSA) announced Tuesday amendments to a Cabinet Office Ordinance that would recognize certain foreign trust-type stablecoins as “electronic payment instruments” under the Payment Services Act. The new rules, published under Prime Minister Sanae Takaichi, will take effect on June 1, 2026. The amendment creates a framework allowing foreign trust beneficiary rights-based […]