payments
JR West has launched its new payment service "Wesmo!" under the brand concept "Moving is Value," after becoming the first domestic railway operator to register as a Type II funds transfer service provider under the Payment Services Act. The company has previously provided the J-WEST credit
stablecoin
JPYC announced that their previously issued prepaid payment instrument "JPYC Prepaid" will be treated as an electronic payment instrument starting June 1, 2025, following the required transition period after the amended Payment Services Act took effect on June 1, 2023. Handling of "JPYC Prepaid" from June
payments
PayPay will begin offering the virtual card "PayPay Balance Card," which can be issued on the PayPay app and used at online credit card member merchants. The "PayPay Balance Card" can be used at domestic online shopping and content websites that accept Visa credit cards, with
stablecoin
Circle today announced its deepened commitment to Japan by leveraging its Japanese entity, Circle Japan KK, and local partnerships to drive the adoption of Circle platforms and technologies in Japan. Circle’s partners in Japan will leverage Circle’s platforms to enable the adoption of USDC in Japan. These partnerships
digital money
The Bank of Japan's Institute for Monetary and Economic Studies (IMES) is conducting research on legal systems with a focus on digital money. In a newsletter published last week in Japanese, they have introduced some of their latest research findings. 1. What is Digital Money 2. Research Introduction