Security Tokens
France PSAN Registration: AMF Tokenization Framework
France AMF PSAN (Prestataire de Services sur Actifs Numériques) registration framework — optional vs. mandatory registration evolution, security token issuance, ICO visa regime, and MiCA transition for French crypto businesses.
Japan Security Token Regulation: FSA, FIEA, and the STO Market
Japan FSA tokenization framework — FIEA security tokens (ERTRI), Type I FIBO license, Japan STO Association, stablecoin amendment (June 2023), 30+ licensed crypto exchanges under FIEA.