Japan: Stablecoin investor protection bill (Law No. 47)
Progress
Current status
adopted
03 Jun 2022 adopted
04 May 2022 under deliberation
Scope
Implementers
Japan
Policy Area
Other operating conditions
Policy Instrument
Authorisation of goods or services
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
Government Branch
legislature
Government Body
parliament
Implementation Level
national
Timeline of events
Adopted stablecoin investor protection bill
On 3 June 2022, the "Bill to partially revise the Act on Fund Settlement to Build a Stable and Efficient Fund Settlement System" (Law No. 47) was adopted by the Japanese parliament. The legislation aims to protect investors and increase stability in…
SourceEvent type
law
Action type
adoption
Government branch
legislature
Government body
parliament
Introduced stablecoin investor protection bill
On 4 March 2022, the "Bill to partially revise the Act on Fund Settlement to Build a Stable and Efficient Fund Settlement System" was introduced to the Japanese House of Representatives. The legislation aims to protect investors and increase stabili…
SourceEvent type
law
Action type
introduction
Government branch
legislature
Government body
parliament