Gate News message, April 28 — Japan’s Ministry of Land, Infrastructure, Transport and Tourism, Financial Services Agency, National Police Agency, and Ministry of Finance jointly issued guidance today clarifying regulatory requirements for cryptocurrency use in real estate transactions and strengthening anti-money laundering (AML) obligations.
Real estate transaction businesses must recognize that converting cryptocurrency to fiat currency or intermediating such conversions may constitute cryptocurrency asset trading business activities. Conducting such activities without proper registration violates the Payment and Settlement Act. When discovering suspected unlicensed cryptocurrency asset trading operations, businesses must report to police. Real estate transaction businesses accepting cryptocurrency payments must strictly fulfill AML due diligence obligations and submit suspicious transaction reports to relevant authorities as required.
Cryptocurrency trading businesses face parallel obligations: when clients use cryptocurrency to pay for large real estate transactions that appear inconsistent with their profile, they must conduct enhanced verification and file suspicious activity reports.
Additionally, individuals receiving over 30 million yen equivalent in cryptocurrency from overseas, and non-residents acquiring domestic real estate, must file required reports with relevant authorities.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Amber Premium FZE Receives VASP License from Dubai's VARA
Gate News message, April 28 — Amber International Holding Limited (Nasdaq: AMBR) announced that its Dubai subsidiary, Amber Premium FZE, has received a Virtual Asset Service Provider (VASP) license from the Dubai Virtual Assets Regulatory Authority (VARA). The license authorizes Amber Premium to
GateNews2h ago
Japan's FSA Officially Classifies JPY Stablecoin Issuer JPYC as 'Payment Service Provider'
Gate News message, April 28 — Japan's Financial Services Agency (FSA) has officially classified JPYC, the country's first JPY stablecoin issuer, as a "payment service provider" in its official publication Access FSA. JPYC will now operate under the same legal framework as PayPay, Rakuten Pay, and
GateNews4h ago
Acting AG Blanche: DOJ Policy Shift Protects Non-Complicit Developers
Acting Attorney General Todd Blanche stated on Monday at the Bitcoin 2026 conference that the Justice Department has "fundamentally changed the game" regarding its approach to software developers, offering reassurance that developers not knowingly helping third parties commit crimes will not face ch
CryptoFrontier4h ago
Blockchain Association Backs Federal Reserve's Formal Removal of 'Reputation Risk' from Banking Oversight
Gate News message, April 28 — The Blockchain Association, a major U.S. crypto advocacy group, has expressed support for the Federal Reserve's proposal to formally remove "reputation risk" from its banking regulatory framework. In a letter to the Fed, the association noted that reputation risk was al
GateNews5h ago
EU Imposes Sweeping Sanctions on Russia's Crypto Infrastructure, Banning Platforms and Ruble-Backed Assets
Gate News message, April 28 — The European Union has rolled out its most extensive sanctions package in two years, targeting Russia's financial system and cryptocurrency infrastructure to close off alternative transaction routes used to bypass existing restrictions.
Key measures include a total
GateNews5h ago
U.S. Congressman Warns Chinese Investors Seeking to Acquire American Bitcoin Mining Companies
Gate News message, April 28 — U.S. Representative Zach Nunn said at Bitcoin 2026 conference that Chinese investors are actively seeking to acquire controlling stakes in American bitcoin mining companies, which could pose a strategic threat to the United States' position in digital assets. Nunn
GateNews7h ago
