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Bitget Wallet Joins Japan Blockchain Group Amid Self-Custody Policy Talks

12 September, 2026   /   News   /  AI   /   Tags:  bitget, bccc, japan, custodial, self

Bitget Wallet Joins Japan Blockchain Group Amid Self-Custody Policy Talks

Self-custodial wallet provider enters BCCC membership as Japan refines rules distinguishing asset control models for crypto services

Bitget Wallet has joined the Blockchain Collaborative Consortium, Japan’s largest industry association dedicated to blockchain technology, as the country advances discussions on how to regulate services that allow users to control their own digital assets.

The move places the self-custodial wallet provider into formal industry policy conversations for the first time. BCCC, established in 2016, brings together more than 270 companies and organizations. Its committees address technology, financial services, decentralized finance and stablecoins, creating a forum for members to examine use cases, regulatory questions and engagement with policymakers.

Membership Focuses on Policy Input, Not Approval

Bitget Wallet plans to share operational experience gained from serving more than 100 million users and supporting integrations across more than 130 blockchain networks. The company intends to contribute to talks on wallet standards, decentralized finance regulation and public understanding of self-custody arrangements.

Membership in the consortium does not confer a Japanese license or any form of regulatory approval. BCCC functions as an industry association rather than a government body. It facilitates discussion and policy recommendations, while Japanese authorities retain sole responsibility for setting binding rules.

Japan has been refining its approach to digital asset services. New rules covering cryptocurrency service intermediaries took effect in June 2026. These measures have drawn sharper attention to the distinction between custodial platforms, which hold assets or private keys on behalf of customers, and self-custodial platforms, where users retain direct control of their private keys and authorize transactions themselves.

Rules designed for entities that safeguard customer funds often prove unsuitable for software providers that supply tools without taking possession of assets. Policymakers face the task of developing standards that address technological and consumer-protection considerations without imposing mismatched requirements on self-custody products.

Japan is one of the few markets where technology development and regulatory clarity are advancing in parallel. As self-custody becomes part of the formal policy discussion, the industry needs standards that protect users without losing sight of how these products actually work. We want to bring practical experience from global markets into that conversation and help build frameworks that are useful for users and workable for the industry.
Alvin Kan, Chief Operating Officer, Bitget Wallet

Broader Regulatory Context in Japan

Japan’s wider regulatory activity in 2026 has included structural changes within the Financial Services Agency, which established a dedicated Cryptocurrency and Stablecoin Division. Legislative steps have also advanced efforts to place digital assets under the framework used for financial instruments, with provisions that could eventually support regulated exchange-traded funds and adjusted taxation.

Separately, the centralized Bitget exchange has been withdrawing services from Japanese residents following earlier regulatory warnings. That process involves the exchange business and does not apply to the self-custodial wallet product now entering BCCC discussions.

Through its participation, Bitget Wallet expects to draw on experience operating payment features, card services and multi-chain access while contributing to industry dialogue on how self-custodial models fit within Japan’s evolving oversight of crypto-related activities.

Disclaimer
This article was generated by AI using information from multiple industry sources. It has not been reviewed or verified by a human editor and may contain inaccuracies, omissions, or misinformation. Readers are encouraged to independently verify any information before making decisions based on its content.
This article is for informational purposes only and does not constitute financial, legal, or investment advice. Cryptocurrency and related investments involve substantial risk, and past performance does not guarantee future results.