JCBA Establishes "Wallet & AI Division"

The Japan Cryptoasset Business Association (Chairman: Noriyuki Hirosue, hereinafter "JCBA") is pleased to announce the establishment of a new "Wallet & AI Division" and the holding of its first general meeting on June 29, 2026. A total of 37 companies and 51 individuals, including wallet providers and law firms, participated and registered for this division. At the first general meeting, the background and objectives for establishing the division were shared, and discussions were held on the operational structure, future operational policies, themes for consideration, and deliverables for the division chair and secretaries.

Background and Objectives for Establishing the Wallet & AI Division

Japan's cryptoasset regulations are at a major turning point, with discussions underway regarding the transfer of regulation to the Financial Instruments and Exchange Act, and the introduction of systems for electronic payment means and cryptoasset service intermediaries.

Wallets, in particular, are not only for storing and transferring cryptoassets but also serve as a crucial foundation connecting users to on-chain services such as DeFi, NFTs, and stablecoins. Furthermore, in recent years, functionalities have become increasingly sophisticated, including transaction proposals and execution support by AI agents, optimization of gas fees and transaction routes, fraud detection, and seedless authentication utilizing MPC and biometric authentication.

On the other hand, challenges in terms of systems and practical operations have become apparent, including user protection, AML/CFT, privacy protection, the positioning of DEX connection UIs, the division of responsibilities during transactions by AI, and regulatory disparities between Japan and other countries.

This division will organize issues related to unhosted wallets and AI-integrated wallets across the industry, and will proceed with the compilation of self-regulatory standards for user protection and safety management, system requirements for qualified non-custodial wallets, and policy recommendations including separate taxation on declared income.

Wallet & AI Division Founding Members

*The above lists the initial promoters. Operational members such as secretaries and advisors are currently being recruited from division members to further enhance future operations. The positions and affiliations of the founding members are as of the date of this press release.

Main Themes for Consideration

This division will primarily focus on the following themes:

- Self-regulatory standards for user protection and safety management by non-custodial wallet providers

- Regulatory and practical positioning of DEX connection UIs, DApps browsers, bridges, etc.

- Division of responsibilities for transaction proposals and execution by AI agents

- Best practices for fraud detection, risk explanation, and pre-transaction checks using AI

- New private key management methods such as MPC, biometric authentication, and seedless authentication

- Balancing AML/CFT with privacy protection

- Regulatory disparities between Japan and other countries, and equal footing

- Organizing system and policy issues for the realization of separate taxation on declared income when using non-custodial wallets

Future Activity Plans

We will consolidate expertise from wallet providers, cryptoasset exchanges, financial institutions, AI/security-related businesses, law firms, and auditing firms, and conduct study sessions, business operator interviews, and research on domestic and international system and technology trends.

Through these activities, we will gradually compile and disseminate materials on issues, self-regulatory standards, best practices, and policy recommendations in the wallet and AI domain to both within and outside the industry.

How to Participate in the Wallet & AI Division

Participation in the division is limited to JCBA members. JCBA member companies wishing to participate should contact the secretariat below.

[Contact for Press Release Inquiries] Japan Cryptoasset Business Association (JCBA) Secretariat info@cryptocurrency-association.org

Association Overview

Company Name: Japan Cryptoasset Business Association (JCBA)

Location: 12F, Ark Mori Building, 1-12-32 Akasaka, Minato-ku, Tokyo

Representative: Chairman Noriyuki Hirosue

URL: https://cryptocurrency-association.org

Established: March 2016

Business Activities: Through sharing knowledge among members, consolidating opinions, and organizing issues and recommendations for industry challenges, we are working to improve and promote the business environment and conduct awareness activities related to cryptoassets, digital assets on the blockchain, and Web3.

- Subcommittees, etc.: Currently, 13 divisions and other groups are active, including Taxation, ICO/IEO, Use Cases, Finance, NFT, Stablecoins, DeFi, Security & Systems, Blockchain Games & Entertainment, Staking, Wallet & AI, and Accounting Working Group.

- Monthly Study Sessions: Held on themes related to legal regulations, tax accounting, technology, and business aspects.

- Recommendations and Requests: Organizing issues for industry challenges, making recommendations and requests to relevant parties, and engaging in consultations.

- External Lecture Activities: Awareness and promotion through lectures, and cooperation with judicial authorities and consumer centers.

Member Companies: Regular Members: 34, Associate Members: 98, Special Members: 4, Organization Members: 16. Total: 152 companies (as of July 1, 2026). Includes Web3-related businesses, cryptoasset exchanges, game/entertainment businesses, system/security-related businesses, law firms, accounting and auditing firms, tax accountant offices, research/educational institutions, local governments, etc.