Japan is a crypto regulation pioneer since 2017 with 8M+ users.
Asia · JPY
Japan is a crypto regulation pioneer since 2017 with 8M+ users.
FSA regulates crypto exchanges after MtGox hack.
Payment Services Act reform.
8M+ crypto users.
FSA regulates under reformed Payment Services Act 2022. Exchanges must register as Crypto Asset Exchange Service Providers. Strict AML/CFT rules.
Leading Japanese exchange with +3M users. FSA regulated.
Regulated Japanese exchange with high JPY volume.
bitFlyer/Coincheck + Japanese ID.
Strict KYC.
JPY via bank transfer.
Buy crypto.
Operation expenses.
March
Max rate 55% with local tax. Proposal to reduce to 20%.
Income Tax (miscellaneous)
March
Tokyo blockchain ecosystem.
| Country | Users | Adoption | P2P Vol. | Status | Exchange |
|---|---|---|---|---|---|
| 🇯🇵 JapanYou | 8M+ | ~7% | $8B+ anual | Regulated | bitFlyer |
| 🇰🇷 South Korea | 15M+ | ~30% | $15B+ anual | Regulated | Upbit |
| 🇸🇬 Singapore | 2M+ | ~35% | $3B+ anual | Regulated | Independent Reserve |
| 🇮🇳 India | 115M+ | ~8% | $5B+ anual | Restricted | Binance |
| 🇻🇳 Vietnam | 16M+ | ~16% | $2B+ anual | Regulated | Binance |
| 🇮🇩 Indonesia | 18M+ | ~6.5% | $3B+ anual | Regulated | Binance |
| 🇹🇭 Thailand | 12M+ | ~17% | $1.5B+ anual | Regulated | Binance |
| 🇵🇭 Philippines | 12M+ | ~10% | $2B+ anual | Regulated | Binance |
| 🇵🇰 Pakistan | 15M+ | ~6% | $1.5B+ anual | Restricted | Binance |
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