Crypto-asset service providers regulated under established financial-services frameworks. Crypto-asset exchanges and electronic payment instrument exchanges register with the Financial Services Agency (JFSA), under the Payment Services Act (PSA). The figures come from the registers Anvesan reads and are updated as those registers change.
RegulatorFinancial Services Agency (JFSA)
LawPayment Services Act (PSA), as amended for crypto-assets and electronic payment instruments
Registers readJFSA, JFSA prepaid issuers, JFSA Banking Act, JFSA fund transfer
Japan third-party prepaid payment instrument issuer registration77%778
Japan electronic payment services operator registration (open banking, Banking Act)12%121
Japan fund transfer service provider registration8%79
Japan crypto-asset exchange registration3%27
Japan EPI exchange registration<1%2
These 1,007 authorisations belong to 956 companies. The company-level records are in Atlas Pro.
What those authorisations permit
Moving value for clients108
Scope not stated in the licence899
One authorisation can cover several activities, so these figures overlap.
The licences: who grants them, how long, what they cost
The statutory clock is the formal decision period, where the regulator publishes one. “Observed” is the real-world timeline reported by applicants, not a figure the regulator sets. Capital is the regulatory minimum, not legal or advisory fees. Where a figure is not yet available, we show “Unavailable”; where one exists but Anvesan has not verified it, we show “Not sourced”.
The Atlas column maps a licence to a tracked licence family only where the two are the same thing. Where they are not, it reads Not mapped, and the family counts are in Authorisations by licence above.
Japan crypto-asset exchange registration
27 in the Atlas
Who grants it
Financial Services Agency (JFSA)
What triggers it
Held for moving value for clients, by the permissions recorded on the authorisations themselves.
Legal basis
Payment Services Act (PSA), as amended for crypto-assets and electronic payment instruments
Statutory clockNot sourced
Anvesan has not verified this for this regime yet. It is added when it is.
What it takes in practiceNot sourced
Anvesan has not verified this for this regime yet. It is added when it is.
Capital requirement
Not sourced
Application feeNot sourced
Japan EPI exchange registration
2 in the Atlas
Who grants it
Financial Services Agency (JFSA)
What triggers it
Held for moving value for clients, by the permissions recorded on the authorisations themselves.
Legal basis
Payment Services Act (PSA), as amended for crypto-assets and electronic payment instruments
Statutory clockNot sourced
Anvesan has not verified this for this regime yet. It is added when it is.
What it takes in practiceNot sourced
Anvesan has not verified this for this regime yet. It is added when it is.
Capital requirement
Not sourced
Application feeNot sourced
Companies in the free Atlas
13 of the 956 companies with an authorisation in Japan are in the free Atlas.
Regulatory changes only: what is being decided, by whom, and when. Company-level licence changes are tracked in Atlas Pro.
Questions this page answers
How many companies hold a stablecoin-related licence in Japan?
Atlas tracks 1,007 authorisations across 956 companies in Japan, read from official registers and checked on 5 November 2026. Of those, 1,007 are licensed, 0 are in the pipeline, and 0 have ended.
Who regulates stablecoins in Japan?
Financial Services Agency (JFSA). The framework is Payment Services Act (PSA), as amended for crypto-assets and electronic payment instruments.
What licence does a stablecoin business need in Japan?
Crypto-asset exchanges and electronic payment instrument exchanges register with the Financial Services Agency (JFSA), under the Payment Services Act (PSA), as amended for crypto-assets and electronic payment instruments.
How long does a licence take in Japan, and what capital does it need?
Anvesan has not verified decision timelines or capital thresholds for Japan yet, so this page does not publish them. It publishes no figure it cannot cite.
How these numbers are made
Registers read
The official registers used for this regime, named in the Registers read line. Where a public register does not provide a record, the source is identified separately.
Cadence
Checked daily. Changes are recorded when they appear in the register, together with the date they were seen. Last checked 5 November 2026.
Licence detail reviewed
23 September 2026. Counts are refreshed daily. Licence terms, timelines and capital thresholds are reviewed separately because they come from the underlying rules rather than the register.
Known gap
“Unavailable” means the figure does not yet exist or has not been published. “Not sourced” means the figure exists but Anvesan has not yet verified it. Neither is estimated.