Japan now regulates blockchain digital currency.
Exchanges are required to obtain licensing as a payment institution in Japan to operate their business (see previous article covered by Bitlegal for background information).
This is a short note that Japanese FSA has a Fintech Support Desk to assist with any enquiries for licensing.
This should make the process easier for market entry.
A UK firm or Singapore firm will through their regulator seek a referral to the JFSA.