SPD Japan K.K. (headquarters: Minato-ku, Tokyo; Representative Director: Yoshikatsu Kitano) announces that, as of December 3, 2025, it completed its notification to the competent Local Finance Bureau as an issuer of "prepaid payment instruments (for own business)" under the Payment Services Act, and has been listed in the list of issuers published by the Financial Services Agency of Japan (FSA).
This notification completes the statutory procedures for issuing and managing prepaid payment instruments for own business, following SPD Japan's establishment of an appropriate internal management framework and compliance framework in accordance with laws and regulations. It can be confirmed in materials published by the FSA.
SPD Japan aims to build yen-denominated stablecoins and digital legal-tender-type payment infrastructure in Japan, and conducts its business in accordance with the regulatory framework.
As searches and attention regarding "yen-denominated stablecoins" have been growing in Japan and overseas in recent years, SPD Japan's core focus is not speculation but the development of digital payment and clearing infrastructure for corporations and institutions.
This announcement concerns the completion of the notification and the listing for prepaid payment instruments. It does not mean that permission has been obtained to issue any specific financial instrument, crypto-asset, or stablecoin.
About
SPD Japan is a company that aims to build digital payment infrastructure based on the Japanese yen. Under the framework of Japan's Payment Services Act, SPD Japan has completed notification as an issuer of prepaid payment instruments (for own business).
SPD Japan focuses on developing corporate payment infrastructure using yen stablecoins, not speculative tokens. SPD Japan's initiatives do not involve a digital yen issued by a central bank (CBDC); they aim to build privately operated digital legal-tender-type infrastructure in accordance with laws and regulations.
Company Overview
- Company name: SPD Japan K.K.
- Address: 7-7-7 Roppongi, Minato-ku, Tokyo, Japan
- Representative: Representative Director Yoshikatsu Kitano
- Established: 2025
- Business: Development and issuance of a Japanese yen stablecoin; research on and use of Web3 financial infrastructure
- Official website: https://spdjp.com