Bitget Wallet has joined Japan’s Blockchain Collaborative Consortium (BCCC), giving the self-custodial wallet a formal role in discussions about how crypto services should be regulated as the country reviews its digital asset framework.
The BCCC, founded in 2016 as Japan’s first blockchain industry association, represents more than 270 companies and organisations. Its committees cover blockchain technology, financial services, decentralised finance (DeFi) and stablecoins, with members discussing industry use cases, regulatory issues and policy with government officials.
Bitget Wallet said its membership would focus on wallet standards, DeFi regulation, stablecoins and services in which users retain control of their own private keys. The company said it was the first time the wallet had entered Japan’s formal industry policy discussions.
The move follows new rules for cryptocurrency service intermediaries that came into force in Japan in June 2026. Those rules have increased attention on the distinction between custodial businesses, which hold customers’ assets or private keys, and self-custodial platforms, where users authorise transactions themselves.
Kan said self-custody was becoming part of Japan’s formal policy debate and that standards needed to protect users while reflecting how such products operate.
“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,” he added.
Bitget Wallet has more than 100 million users and supports integrations with over 130 blockchains. It plans to share experience from its international operations through the BCCC committees while Japanese policymakers continue considering the treatment of self-custodial services.
The wallet has expanded beyond token storage and on-chain transfers. In July, it introduced Assetback, which allows eligible card users to automatically convert purchase rewards into Bitcoin, tokenized gold, tokenized U.S. equities and USDC.
Bitget Wallet said at the time that card spending had nearly tripled in the first half of 2026. It reported monthly crypto card payment volume of $656 million in May, compared with $271 million a year earlier. The figures were provided by the company and had not been independently audited.
Japan’s wider crypto reforms
Japan has also been changing its rules on taxation, market regulation and oversight during 2026. In August, the Financial Services Agency established a dedicated Cryptocurrency and Stablecoin Division covering crypto supervision, digital payment planning and related innovation.
The lower house in June advanced a bill that would classify digital assets as financial instruments under the Financial Instruments and Exchange Act. The legislation would create a route towards regulated crypto exchange-traded funds and introduce insider trading and compliance rules for the sector.
It is also linked to plans for a future 20% tax rate on crypto gains, replacing a system under which some investors have faced significantly higher rates.
The BCCC membership concerns Bitget Wallet, not the Bitget centralised exchange. Bitget began withdrawing exchange services from Japan in August after repeated regulatory warnings. It stopped accepting new registrations from Japanese residents and set Nov. 1 as the date restrictions would begin for existing resident accounts. Positions still open on Dec. 31 are scheduled to be closed automatically.
Japan’s Financial Services Agency warned Bitget in March 2023 and again in November 2024 over allegations that it provided services to residents without registration. In June 2025, the Kanto Local Finance Bureau warned BTG Technology Holdings Limited, which it identified as operating under the Bitget name, over online solicitation of over-the-counter derivatives transactions without the required registration.
Unlike the exchange, Bitget Wallet does not hold users’ private keys. Its BCCC work will include discussions on how regulation should distinguish direct user control of assets from services that take custody. The wallet has also integrated Solana Pay for direct USDC and SOL transactions and developed card and merchant payment services in several international markets.
