The Japanese Financial Services Agency plans to introduce new regulations requiring encryption accomplice services to sign up.

GateUser-6433627c · 2025-11-10T08:12:06+00:00

The Japanese Financial Services Agency is drafting new regulations requiring digital asset custodians and trading management service providers to sign up in order to provide services to encryption exchanges, in order to fill regulatory gaps and prevent losses caused by Hacker attacks, with plans to submit the amendment in 2026.

GateUser-6433627c

2025-11-10 08:12:06

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[The Japanese Financial Services Agency Plans New Regulations Requiring Encryption Custody Services to Sign Up] The Japanese Financial Services Agency ( FSA ) is considering introducing a new regulatory system that will require digital asset custodians and transaction management service providers to register with authorities before they can provide services to encryption exchanges. According to a report by Nikkei News, this topic was discussed at the Financial System Committee's working group meeting on November 7. The new regulations aim to fill existing regulatory gaps and prevent security incidents similar to the 2024 DMM Bitcoin hack that resulted in losses of approximately $31.2 billion. The FSA plans to compile the discussion results and intends to submit an amendment to the Financial Instruments and Exchange Act during the regular National Assembly session in 2026.

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