No person may provide a cryptoasset exchange service unless the person is registered by the Prime Minister.

①A person who intends to be registered referred to in the preceding Article must, pursuant to the provisions of Cabinet Office Order, submit a written application for registration containing the following particulars to the Prime Minister:

②A document in which the applicant pledges that the applicant does not to fall under any of the items of Article 63-5, paragraph (1), documents concerning finance, documents containing particulars concerning the establishment of a system for ensuring the provision of the cryptoasset exchange service in a proper and steady manner, and other documents specified by Cabinet Office Order must be attached to the application for registration referred to in the preceding paragraph.

①The Prime Minister must, when an application for registration referred to in Article 63-2 is filed, register the following particulars in the register of cryptoasset exchange service providers, except when refusing the registration pursuant to the provisions of paragraph (1) of the following Article:

②If the Prime Minister registers the particulars under the provisions of the preceding paragraph, the Minister must notify the applicant to that effect without delay.

③The Prime Minister must make the register of cryptoasset exchange service providers available for public inspection.

①The Prime Minister must refuse registration when an applicant falls under any of the following items, or a written application for registration or its accompanying documents contain false statements about important particulars, or lack any statement about important particulars:

②When the Prime Minister refuses the registration pursuant to the provisions of the preceding paragraph, the Minister must notify the applicant to that effect by indicating the reason therefor without delay.

①When a cryptoasset exchange service provider intends to change any of the particulars set forth in Article 63-3, paragraph (1), item (vii) or (viii) (excluding cases specified by Cabinet Office Order as being less likely to weaken the protection of users of cryptoasset exchange services or hinder the provision of cryptoasset exchange services in a proper and steady manner), the cryptoasset exchange service provider must notify the Prime Minister to that effect in advance.

②If any of the particulars set forth in the items of Article 63-3, paragraph (1) (excluding the case in which a notification has been filed under the provisions of the preceding paragraph) are changed, the cryptoasset exchange service provider must notify the Prime Minister to that effect without delay.

③If the Prime Minister accepts a notification under the provisions of the preceding two paragraphs, the Minister must register the particulars of the notification in the register of cryptoasset exchange service providers.

A cryptoasset exchange service provider must not have another person provide the cryptoasset exchange service in the name of the cryptoasset exchange service provider.

A cryptoasset exchange service provider must, pursuant to the provisions of Cabinet Office Order, take necessary measures for preventing leakage, loss, or damage to information pertaining to the cryptoasset exchange services and other measures for the security management of relevant information.

If a cryptoasset exchange service provider entrusts (including cases under multi-tier entrustment arrangements) part of the cryptoasset exchange services to a third party, the cryptoasset exchange service provider must provide guidance to the third party to whom the relevant business has been entrusted and take other measures necessary for ensuring the operation of the business in a proper and steady manner pursuant to the provisions of Cabinet Office Order.

When a cryptoasset exchange service provider places an advertisement concerning the cryptoasset exchange service provided by it, the cryptoasset exchange service provider must indicate the following particulars, pursuant to the provisions of Cabinet Office Order:

A cryptoasset exchange service provider or its officer or employee must not engage in the following conduct:

①A cryptoasset exchange service provider must, pursuant to the provisions of Cabinet Office Order, provide explanation concerning the characteristics of cryptoassets, and information about fees and other terms and conditions of contracts pertaining to the cryptoasset exchange service, and take other measures necessary for protecting the users of cryptoasset exchange services and ensuring the provision of the cryptoasset exchange services in a proper and steady manner.

②When a cryptoasset exchange service provider exchanges cryptoassets, etc. by granting credit to the user of cryptoasset exchange service, the cryptoasset exchange service provider must provide information on the terms and conditions of contracts pertaining to exchange of cryptoassets, etc. and other measures necessary for protecting the users of business pertaining to exchange of cryptoassets, etc. and ensuring the operation of the business in a proper and steady manner, in addition to the measures prescribed in the preceding paragraph, pursuant to the provisions of Cabinet Office Order.

①A cryptoasset exchange service provider must, in connection with its cryptoasset exchange services, manage the money of the users of cryptoasset exchange services separately from its own money and entrust the users' money with a trust company, etc., pursuant to the provisions of Cabinet Office Order.

②A cryptoasset exchange service provider must, in connection with its cryptoasset exchange services, manage the cryptoassets of the users of the cryptoasset exchange services separately from its own cryptoassets, pursuant to the provisions of Cabinet Office Order. In this case, the cryptoasset exchange service provider must manage users' cryptoassets (excluding cryptoassets that satisfy the requirements specified by Cabinet Office Order as being necessary for ensuring the convenience of users and achieving smooth provision of cryptoasset exchange services) by the method specified by Cabinet Office Order as being less likely to weaken the protection of users.

③A cryptoasset exchange service provider must, pursuant to the provisions of Cabinet Office Order, undergo a periodic audit by a certified public accountant or by an audit corporation, with regard to the state of management under the provisions of the preceding two paragraphs.

①A cryptoasset exchange service provider must hold cryptoassets of the same type and same volume as the cryptoassets that satisfy the requirements specified by Cabinet Office Order prescribed in paragraph (2) of the preceding Article (hereinafter referred to as the "performance-guarantee cryptoassets" in this paragraph and Article 63-19-2, paragraph (1)) as its own cryptoassets and manage them separately from its own cryptoassets other than the performance-guarantee cryptoassets, pursuant to the provisions of Cabinet Office Order. In this case, the cryptoasset exchange service provider must manage the performance-guarantee cryptoassets by the method specified by Cabinet Office Order as being less likely to weaken the protection of users.

②The provisions of paragraph (3) of the preceding Article apply mutatis mutandis to the status of the management under the provisions of the preceding paragraph.

①A cryptoasset exchange service provider must take the measures specified in the following items according to the categories of cases prescribed therein:

②If a cryptoasset exchange service provider implements measures to conclude a basic contract for execution of procedures pursuant to the provisions of the preceding paragraph, the cryptoasset exchange service provider must announce the trade name or other name of the designated dispute resolution organization for cryptoasset exchange business that is the counterparty to the basic contract for execution of procedures.

③The provisions of paragraph (1) do not apply during the period specified in the following items for the respective categories of cases prescribed therein:

④The term "complaint processing measures" as used in paragraph (1), item (ii) means to have a person specified by Cabinet Office Order as one who has expert knowledge and experience with regard to consultation regarding complaints on consumer affairs that the consumer made against the service provider or in other areas of consumer affairs to engage in the provision of advice or guidance to employees or other workers who engage in the business of processing complaints from the users or any other measures specified by Cabinet Office Order as similar thereto.

⑤The term "dispute resolution measures" as used in paragraph (1), item (ii) means to seek resolution of a dispute with the user through the authorized dispute resolution procedures or any other measures specified by Cabinet Office Order as similar thereto.

A cryptoasset exchange service provider must, pursuant to the provisions of Cabinet Office Order, prepare and maintain the books of accounts and documents on its cryptoasset exchange business.

①A cryptoasset exchange service provider must, pursuant to the provisions of Cabinet Office Order, prepare a written report on its cryptoasset exchange business for each business year and submit it to the Prime Minister.

②In addition to the written reports specified in the preceding paragraph, a cryptoasset exchange service provider (limited to one who engages in the act set forth in Article 2, paragraph (15), item (iii) or (iv)) must, pursuant to the provisions of Cabinet Office Order, prepare a written report on the amount of users' money and the volumes of users' cryptoassets under the management in connection with the cryptoasset exchange services and other particulars concerning the management of these amounts for each period specified by Cabinet Office Order, and submit it to the Prime Minister.

③Documents concerning finance, an audit report prepared by a certified public accountant or audit corporation regarding these documents, and other documents specified by Cabinet Office Order must be attached to the written report referred to in paragraph (1).

④Documents proving the amount of users' money and the volumes of users' cryptoassets under the management in connection with the cryptoasset exchange services and other documents specified by Cabinet Office Order must be attached to the written report referred to in paragraph (2).

①When the Prime Minister finds it necessary for the proper and secure conduct of the cryptoasset exchange service, the Minister may order a cryptoasset exchange service provider to submit reports or materials that will be helpful for understanding its business or property, or have officials enter the business office or other facility of that cryptoasset exchange service provider, ask questions about the status of its business or property or inspect its books and documents or other items.

②When the Prime Minister finds it particularly necessary for the provision of the cryptoasset exchange service in a proper and steady manner, the Minister may, to the extent necessary for this, order a person to whom business has been entrusted by the cryptoasset exchange service provider (including persons to whom the service has been entrusted by the entrusted person (including those under multi-tier entrustment arrangements); hereinafter the same applies in this Article) to submit reports or materials that can be used as reference for the business or property of that cryptoasset exchange service provider, or have officials enter the facility of the person to whom business has been entrusted by that cryptoasset exchange service provider, ask questions about the status of its business or the property of that cryptoasset exchange service provider or inspect its books and documents or other items.

③A person to whom business has been entrusted by a cryptoasset exchange service provider referred to in the preceding paragraph may refuse the submission of reports or materials, or the questions or inspection referred to in that paragraph if there are reasonable grounds for doing so.

When the Prime Minister finds it necessary for the provision of the cryptoasset exchange service in a proper and steady manner, the Minister may, to the extent necessary for this, order a cryptoasset exchange service provider to take necessary measures to improve the operation of its business or its financial status or take other measures necessary for the supervision.

If the Prime Minister finds it necessary and appropriate for the public interest or the protection of users, the Prime Minister may order a cryptoasset exchange service provider to hold, within Japan, the part of its assets specified by Cabinet Order.

①If a cryptoasset exchange service provider falls under any of the following items, the Prime Minister may revoke its registration referred to in Article 63-2 or order the cryptoasset exchange service provider to suspend all or part of its cryptoasset exchange service, specifying a period of suspension not exceeding six months:

②If the Prime Minister is unable to ascertain the locations of business offices of a cryptoasset exchange service provider or the whereabouts of the company director or executive officer representing the cryptoasset exchange service provider (in cases of a cryptoasset exchange service provider that is a foreign cryptoasset exchange service provider, the representative person in Japan), the Prime Minister, pursuant to the provisions of Cabinet Office Order, may issue public notice of that fact and revoke the registration of the cryptoasset exchange service provider under Article 63-2 if no application is made by the service provider after thirty days have passed since the day of the public notice.

③The provisions of Chapter III of the Administrative Procedure Act do not apply to disposition under the provisions of the preceding paragraph.

If the Prime Minister revokes the registration referred to in Article 63-2 pursuant to provisions of paragraph (1) or (2) of the preceding Article or when the registration referred to in Article 63-2 ceases to be effective pursuant to the provisions of Article 63-20, paragraph (2) or (8), the Minister must delete the registration.

If the Prime Minister implements a disposition pursuant to the provisions of Article 63-17, paragraph (1) or (2), the Minister must give public notice to that effect pursuant to the provisions of Cabinet Office Order.

①A person who has concluded a contract for the management of cryptoassets with a cryptoasset exchange service provider has the right to receive, in preference over other creditors, payments with regard to a claim for the transfer of cryptoassets that the person holds against the cryptoasset exchange service provider, for the return of the regulated cryptoassets (meaning the cryptoassets of the users of the cryptoasset exchange services that the cryptoasset exchange service provider manages separately from its own cryptoassets pursuant to the provisions of Article 63-11, paragraph (2) and the performance-guarantee cryptoassets).

②The provisions of Article 333 of the Civil Code apply mutatis mutandis to the right referred to in the preceding paragraph.

③Particulars necessary for the fulfillment of the right prescribed in paragraph (1) are specified by Cabinet Order.

If a person to whom a cryptoasset exchange service has been entrusted by a cryptoasset exchange service provider or any other related person of the cryptoasset exchange service provider is requested by the Prime Minister to extend their cooperation necessary for the fulfillment of the right referred to in paragraph (1) of the preceding Article pertaining to users' cryptoassets managed by the person in relation to the cryptoasset exchange service provided by the cryptoasset exchange service provider, the person is to endeavor to respond to the request.

①If a cryptoasset exchange service provider falls under any of the following items, it must notify the Prime Minister to that effect without delay:

②If a cryptoasset exchange service provider discontinues all of the cryptoasset exchange service, the registration of the cryptoasset exchange service provider referred to in Article 63-2 ceases to be effective. In this case, a person who has been the cryptoasset exchange service provider is deemed to be a cryptoasset exchange service provider within the scope of the purpose of completing the performance of obligations borne by the service provider in relation to the exchange of cryptoassets, etc. carried out by it, and returning the users' property under the management relating to the cryptoasset exchange services carried out by it or transferring the property to users.

③If a cryptoasset exchange service provider intends to discontinue all or part of the cryptoasset exchange service, to transfer all or part of the cryptoasset exchange service, to implement a merger (limited to a merger in which the cryptoasset exchange service provider disappears), to dissolve for reasons other than a merger or an order to commence bankruptcy proceedings, or to have another service provider succeed all or part of the cryptoasset exchange services due to a company split, it must give public notice to that effect at least thirty days prior to the relevant date and post a notice thereof in a place easily seen by the public at all of its business offices, pursuant to the provisions of Cabinet Office Order.

④Having given public notice pursuant to the provisions of the preceding paragraph, a cryptoasset exchange service provider must notify the Prime Minister to that effect immediately.

⑤Having given public notice pursuant to the provisions of paragraph (3) (excluding cases where a cryptoasset exchange service provider has given public notice concerning the succession of the relevant business by way of transfer of business, merger or company split, or for other reasons), it must promptly complete the performance of obligations borne by it in relation to the exchange of cryptoassets, etc. carried out in the course of the cryptoasset exchange services that it intends to discontinue, and promptly return the users' property under the management relating to the cryptoasset exchange services or transfer the property to users.

⑥The provisions of Article 940, paragraph (1) (limited to the part pertaining to item (i)) and Article 940, paragraph (3) of the Companies Act apply mutatis mutandis to cases where a cryptoasset exchange service provider (excluding a foreign cryptoasset exchange service provider) gives public notice under the provisions of paragraph (3) by way of electronic public notice (meaning electronic public notice specified in Article 2, item (xxxiv) of that Act; the same applies in the following paragraph). In this case, any necessary technical replacement of terms is specified by Cabinet Order.

⑦The provisions of Article 940, paragraph (1) (limited to the part pertaining to item (i)) and Article 940, paragraph (3), Article 941, Article 946, Article 947, Article 951, paragraph (2), Article 953, and Article 955 of the Companies Act apply mutatis mutandis to cases where a cryptoasset exchange service provider that is a foreign cryptoasset exchange service provider gives public notice under the provisions of paragraph (3) by way of electronic public notice. In this case, any necessary technical replacement of terms is specified by Cabinet Order.

⑧When a cryptoasset exchange service provider has received the registration referred to in Article 63-22-2 (limited to a registration in which the particulars set forth in Article 63-22-3, paragraph (1), item (v) include business pertaining to a cryptoasset intermediary act; hereinafter the same in this paragraph) or the registration of change referred to in Article 63-22-6, paragraph (1) (limited to one resulting from newly intending to engage in business pertaining to a cryptoasset intermediary act; hereinafter the same in this paragraph), the registration of that cryptoasset exchange service provider referred to in Article 63-2 ceases to be effective. In this case, the person who has been that cryptoasset exchange service provider is deemed to be a cryptoasset exchange service provider within the scope of the purpose of completing the performance of obligations borne in relation to the exchange of cryptoassets, etc. carried out before receiving the registration referred to in Article 63-22-2 or the registration of change referred to in Article 63-22-6, paragraph (1), and returning the users' property under the management relating to the cryptoasset exchange services carried out before receiving those registrations or transferring the property to users.

With regard to a cryptoasset exchange service provider, when the registration referred to in Article 63-2 has been revoked pursuant to the provisions of Article 63-17, paragraph (1) or (2) (excluding cases specified by Cabinet Office Order as being less likely to weaken the protection of users of cryptoasset exchange services or hinder the provision of cryptoasset exchange services in a proper and steady manner), the person who has been the cryptoasset exchange service provider must promptly complete the performance of obligations borne by it in relation to the exchange of cryptoassets, etc. carried out by it, and promptly return the users' property under the management relating to the cryptoasset exchange services or transfer the property to users. In this case, the person who has been the cryptoasset exchange service provider is deemed to be a cryptoasset exchange service provider within the scope of the purpose of completing the performance of these obligations, and returning the property or transferring the property to users.

A unregistered foreign cryptoasset exchange service provider referred to in Article 63-2 must not engage in acts of solicitation of a person in Japan set forth in the items of Article 2, paragraph (15).