JPYC Inc. Announces Registration as Type 1 Member of JVCEA for Cryptocurrency Exchange

JPYC Inc. Takes a Major Step in the Cryptocurrency Industry

JPYC Inc., headquartered in Chiyoda-ku, Tokyo, and led by President Noritaka Okabe, has announced its successful registration as a Type 1 member with the Japan Virtual Currency Exchange Association (JVCEA) as of August 18, 2025. This registration is a significant milestone for the company as it strengthens its position within the financial technology landscape.

The purpose of the JVCEA, formed to ensure a secure and transparent cryptocurrency trading environment, aligns perfectly with JPYC's mission. The company aims to bring innovation to digital finance through its issuance and redemption of Japanese yen-denominated stablecoins, also known as JPYC. With their registration as a Type 1 member, JPYC is recognized as an issuer of electronic payment means under the Payment Services Act, focusing solely on their operations related to stablecoins, establishing them firmly as a leader in the field.

JPYC's registration under the JVCEA signifies not just a credential but also an endorsement of the company's adherence to the highest standards of security and regulatory compliance. However, it is crucial to clarify that this does not equate to JPYC engaging in cryptocurrency exchange activities. The company has made clear statements to avoid any misconceptions; they are not registered as or planning to operate as a cryptocurrency exchange.

As a licensed fund transfer provider (registration number Kanto Local Finance Bureau 00099), JPYC is committed to enhancing the landscape of digital transactions in Japan. By leveraging the stablecoin JPYC, the company aims to facilitate efficient and cost-effective remittance solutions, pushing the boundaries of financial technology further.

Founded in November 2019, JPYC Inc. has been at the forefront of the stablecoin business. They initially issued JPYC Prepaid, a pre-paid payment means in yen, and with the recent registration, they have become the first domestic fund transfer providers to issue a Japanese yen-denominated stablecoin, making a notable impact on both national and international levels.

The company is actively involved in several associations that promote blockchain technology and cryptocurrency innovation. In addition to being a Type 1 member of JVCEA, JPYC is also part of organizations like the Blockchain Promotion Association (BCCC), Japan Cryptocurrency Business Association (JCBA), and the Japan Payment Service Association, showcasing their commitment to the industry's advancement.

Moreover, JPYC anticipates future developments in its member listing format on the JVCEA official site to avoid misinterpretations pertaining to cryptocurrency exchange activities. This proactive approach aims to facilitate clarity and transparency for its users and stakeholders.

A Vision for the Future

JPYC is not only positioned to manage and expand the use of stablecoins effectively, but they also are set to lead financial innovation in digital payments. The unique characteristics of their stablecoin, such as low-cost transactions and transparency, will serve as a backbone for enhancing both user experience and financial efficiency in Japan’s economic landscape.

In conclusion, JPYC Inc. stands resolute in its mission to innovate within the financial sector while safeguarding the integrity of its operations. Their recent registration with JVCEA as a Type 1 member is a testament to their commitment to excellence and a brighter future in the realm of digital currencies and payment systems.

For more information on JPYC, you can visit their official website at www.jpyc.co.jp or follow them on X at @jpyc_official.