Japan To Recognize Foreign Stablecoins As Electronic Payment Instruments Starting June 1

Japan’s key financial authority has expanded its framework to officially treat foreign trust‑issued stablecoins as electronic payment instruments instead of securities under domestic law. Foreign Stablecoins Recognized As Payment Instruments On Tuesday, Japan’s Financial Services Agency (FSA) announced amendments to the Cabinet Office Ordinance to recognize certain trust-type stablecoins issued by foreign trust banks and similar entities as “electronic payment instruments” under the Payment Services Act, local news reported. The amendment, scheduled to take effect on June 1, 2026, will