Last week, the IBA Japan hosted a webinar featuring Ken Kawai, Partner at Anderson Mori & Tomotsune, on the latest regulatory and practical developments surrounding stablecoins and digital payment instruments in Japan. With over 100 attendees joining from across Japan's banking, securities, and asset management community, the strong turnout reflects just how much of a priority this topic has become for the industry.
Mr. Kawai walked participants through Japan's regulatory framework under the Payment Services Act, the distinctions between stablecoins and tokenised deposits, the mega-bank proof-of-concept experiments supported by the FSA's FinTech Proof of Concept Hub, and the outlook and remaining challenges for digital payment adoption in Japan, including the forthcoming amendments to the Payment Services Act due for implementation by June 2026.
We are grateful to Mr. Kawai and the team at Anderson Mori & Tomotsune for such a timely and informative session, and look forward to keeping our members engaged in this developing space.
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