[Japan Financial Services Agency Announces 2025 Amendments to the Payment Services Act] According to NADA NEWS, the Japan Financial Services Agency has announced government ordinances and rules related to the 2025 amendments to the Payment Services Act, which will take effect on June 1. The amendments cover stablecoins, crypto asset service intermediaries, fund transfers, and cross-border collection services. They clarify the scope of underlying assets for specific trust beneficiary-type electronic payment instruments, set upper limits on allocation ratios, and establish requirements to prevent principal losses. Additionally, the amendments specify registration applications, user guidelines, prohibited activities, user protection, and bookkeeping management rules for electronic payment instruments and crypto asset service intermediaries.