Fintech Laws And Regulations 2024 – Japan

1 Approaches and developments

There has been a series of significant Fintech-related changes to the regulations in Japan. We note that most of those changes are driven by the regulators' intention to stimulate Fintech business and innovation in legacy financial institutions in Japan. Additionally, regulators have had to deal with various consumer protection issues that have arisen in Japanese Fintech industries, which resulted in their decision to strengthen the regulations governing emerging Fintech businesses in order to address new risks for consumers arising from the new services. We set forth below typical cases of this regulatory trend in Japan.

Crypto assets and digital securities