License Application Support for Electronic Payment Instruments Services

KPMG AZSA can support the license applications on EPIS with extensive knowledge of best practices in the industries.

KPMG AZSA can support the license applications on EPIS with extensive knowledge of best...

Stablecoins, which are used for remittance and payment services using blockchain technology and are linked to the value of fiat currencies, have been expanding mainly in overseas markets. In the meantime, there is a rising number of companies seeking business opportunities utilizing them.

In Japan, a new regulation has been put in place for the “Electronic Payment Instruments Services” (“EPIS”), which intermediates stablecoins. In order to conduct EPIS, it is necessary to register in accordance with the Payment Services Act (“PSA”).

KPMG AZSA can support the license applications on EPIS with extensive knowledge of best practices in the industries, and relevant regulations including the PSA.

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