FSA Crypto Exchange Registration List: Who Qualifies and What You Get
Learn how to verify if a cryptocurrency exchange is legally licensed to operate in Japan to ensure safe transactions.
This list provides a way to verify which cryptocurrency exchanges are legally licensed to operate within Japan.
Who it's for
This scheme is designed for developers who are navigating the intersection of traditional Japanese bureaucracy and the Web3 ecosystem. Specifically, it is for developers choosing a compliant exchange for cashing out their crypto-asset income. Using this list helps ensure that the platforms used for these transactions meet the necessary regulatory standards required by the local authorities.
What you get
By consulting this list, you receive official verification that a specific exchange is legally licensed to operate in Japan. This confirmation serves as a way to identify registered businesses (known locally as 登録業者) that are authorized to handle crypto-asset services under the oversight of the Financial Services Agency.
What it costs you
There is no monetary cost to accessing this information or using the list to verify a platform. The only requirement is the time and effort required to perform your own due diligence to ensure your chosen exchange is compliant with local laws.
The catch to know
The most important thing to remember is that using non-registered foreign exchanges can lead to significant complications with bank transfers. Because Japan has strict regulations regarding crypto-assets and tax obligations, failing to use a registered local exchange can create hurdles when moving funds from an exchange into a traditional bank account.
How to apply
- Locate the official document provided by the Financial Services Agency.
- Search the list to find the name of the exchange you intend to use.
- Confirm that the exchange is listed as a registered business.
- Review the status of the provider to ensure it is currently authorized.
- Visit the official portal for the full list: https://www.fsa.go.jp/menkyo/menkyoj/kasoutuka.pdf