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Japan to Introduce One-Stop “Financial Services Intermediary Business” License

On June 5, 2020, the Diet adopted amendments to the Act on Sales, Etc. of Financial Instruments that introduce, among other things, a system for the registration of one-stop intermediary service providers of financial...more

Japanese Cryptocurrency Update: New Amendments To Crypto Asset Regulations Take Effect May 1

In March 2019, the Financial Services Agency of Japan (FSA) proposed amendments to the Payment Services Act (PSA) and the Financial Instruments and Exchange Act (FIEA) to strengthen the protections for investors in crypto...more

FSA Proposes Bill to Amend Japanese Laws Regulating Cryptocurrency-Related Businesses

The Japanese Financial Services Agency (“FSA”), Japan’s primary financial regulator, announced on March 15, 2019, that it was submitting a bill to the Diet to amend both the Payment Services Act (the “PSA”) and the Financial...more

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