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Japan is Adopting a Reverse CLARITY Act With Foreign Stablecoins

BeInCrypto
Japan's Financial Services Agency has finalized rules to integrate qualifying foreign trust-type stablecoins into its payment system effective June 1, 2026.

Summary

Japan's Financial Services Agency (FSA) has finalized new regulations allowing foreign-issued trust-type stablecoins to operate within the Japanese payment ecosystem, effective June 1, 2026. This move reclassifies qualifying foreign stablecoins as Electronic Payment Instruments, provided they meet strict equivalence standards for licensing, auditing, and reserve management. The initiative aims to integrate stablecoins into formal financial rails while complementing global regulatory developments like the U.S. CLARITY Act.

(Source:BeInCrypto)