FinTech - Japan Compliance

Japan Compliance

FinTech

A collection of 2 posts

Slide illustrating Japan’s digital wage framework: ¥1 million cap, guarantee scheme, fee-free cash access, and employer consent flow.

Payments Regulation

Payroll Evolution in Japan: Understanding Digital Wage Payments via Fund Transfer Service Providers

TL;DR * From April 2023, Japanese employers may, with employee consent, deposit wages into accounts at MHLW-designated Fund Transfer Service Providers (FTSPs). * Designated FTSPs must cap balances at ¥1 million, guarantee full repayment on insolvency, offer monthly fee-free cash access, and meet strict security and reporting standards. * Employers must sign

Slide summary: Japan’s stablecoin licensing & Digital Yen pilot—issuer types, AML duties, two-tier CBDC timeline

Japan's Digital Currency Frontier: Understanding New Stablecoin Regulations and the Future Digital Yen

TL;DR: Japan couples strict fiat-backed stablecoin rules under the Payment Services Act with a cautious two-tier CBDC pilot. Banks, fund-transfer firms and trust banks can issue 1-to-1 yen stablecoins, while the Digital Yen remains in testing. Global firms must navigate licensing, AML travel-rule duties and data-privacy limits before full