Cryptoasset & Digital Asset Licence — Japan

Mature crypto regulation, large market. FSA / JFSA regulated. Capital from ¥10M+. Typical timeline 6–12 months.

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Why Japan for Your Cryptoasset & Digital Asset Licence?

Japan was one of the first major economies to regulate crypto-assets and offers access to one of the world's largest and most active crypto markets.

Japan's Financial Services Agency (JFSA) regulates crypto-asset exchange service providers under the Payment Services Act and Financial Instruments and Exchange Act.

Licence Requirements

Minimum Capital¥10M+
RegulatorFSA / JFSA
Typical Timeline6–12 months
Key DifferentiatorMature crypto regulation, large market

Detailed Requirements

Minimum capital of ¥10 million. Comprehensive governance, AML, cybersecurity, and customer asset segregation requirements.

Application Process

1

Regulatory Strategy

We assess your business model and regulatory position to develop a clear licensing strategy.

2

Business Plan

We prepare a comprehensive business plan meeting the regulator's expectations.

3

Programme of Operations

Detailed programme of operations covering governance, compliance, and operational arrangements.

4

Compliance Framework

Full AML/CFT framework, compliance monitoring programme, and risk management policies.

5

Application Submission

We compile and submit the complete application package to the regulator.

6

Regulator Review

We manage all regulator communications and information requests during the review period.

7

Authorisation

Upon approval, we support your transition to live operations.

Process Detail

6 to 12 months. The JFSA conducts thorough assessments.

Japan vs United Kingdom

CriteriaJapanUnited Kingdom
Capital¥10M+No capital floor
Timeline6–12 months3–12 months
RegulatorFSA / JFSAFCA
Key FeatureMature crypto regulation, large marketAML registration, rigorous assessment

Frequently Asked Questions

The capital requirement for a cryptoasset & digital asset licence in Japan is ¥10M+. Minimum capital of ¥10 million. Comprehensive governance, AML, cybersecurity, and customer asset segregation requirements.

The typical timeline for a cryptoasset & digital asset licence in Japan is 6–12 months. 6 to 12 months. The JFSA conducts thorough assessments.

Japan was one of the first major economies to regulate crypto-assets and offers access to one of the world's largest and most active crypto markets.

After receiving your cryptoasset & digital asset licence in Japan, you must maintain ongoing compliance with regulatory requirements including safeguarding of customer funds, regular regulatory reporting, maintaining adequate capital, updating AML and compliance frameworks, and cooperating with supervisory reviews and inspections.

Most jurisdictions require local substance for a cryptoasset & digital asset licence. In Japan, you will typically need a registered office, at least one locally resident director, and potentially additional operational staff. We can advise on the exact requirements and help you establish the minimum viable local presence.

A cryptoasset & digital asset licence in Japan provides access to the domestic market. Mature crypto regulation, large market. Separate authorisation may be required for other jurisdictions.