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Payment Services Act

Coverage of Payment Services Act in the Nexus archive.

Earliest in view: Jul 15 · 13:04 UTCMost recent: Jul 15 · 13:04 UTC
Co-mentioned in this coverage
Japanplace1Japanese parliamentorganization1Financial Instruments and Exchange Acttopic1Bitcointopic1cryptocurrencytopic1Bitcoin Magazineorganization1
Recent coverage
  • BUSINESSJul 15 · 13:04 UTCBITCOIN MAGAZINE
    Japan’s Landmark Vote Reclassifies Bitcoin And Crypto As Financial Assets

    Japan’s parliament reclassified cryptocurrency as a financial asset under the Financial Instruments and Exchange Act (FIEA), shifting it from the Payment Services Act. The change, effective by 2027, introduces stricter regulations, aligns crypto with securities oversight, and reduces the top tax rate on crypto gains from 55% to 20% starting in 2028. The reclassification also enables the creation of regulated bitcoin ETFs and enhances market surveillance.

Payment Services Act · Dossier · The Nexus