Coinbase K.K.(Coinbase 株式会社)— Japan crypto-asset-exchange operator(dormant)overview

ConfidenceLikelyUpdated2026-07-29Review by2027-01-29Sources8Machine-translatedOriginal (JA)

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This entry sits under exchanges index. Read it with FSA crypto-asset exchange registration system — number system / Local Finance Bureau jurisdiction / registration requirements for adjacent context and Japan Financial Regulation — Legal Framework for Tokens, Crypto Assets, and Payments for the broader system boundary.

FSA registration No. Kanto Local Finance Bureau 第00028号 · JVCEA non-member(withdrew 2023年)· registration date 2021-06-18

dormant VASP / retail withdrawn 2023-02 / holds the FSA license but a JVCEA non-member

  • Trade name: Coinbase 株式会社(English: Coinbase Japan)
  • Corporate number: 4010-0011-73138(published by the National Tax Agency — corporate-number designation 2016-01-26)
  • Head-office location: Marunouchi Kitaguchi Building 9F, 1-6-5 Marunouchi, Chiyoda-ku, Tokyo(after the 2026-02-03 change) ※ former location: Otemachi Building 4F, FINOLAB(Otemachi, Chiyoda-ku)
  • Founded: late 2015年 – early 2016年(estimated from the corporate-number designation 2016-01-26)
  • Parent: Coinbase Global, Inc.(NASDAQ-listed, ticker COIN)
    • Founded 2012年; Brian Armstrong CEO / Fred Ehrsam co-founder
    • 2021-04 NASDAQ direct listing(Direct Listing)

2. License / registration status

  • Crypto-asset-exchange business: Director-General of the Kanto Local Finance Bureau 第00028号(registration date 2021-06-18)
  • The FSA registration remained active as of the 2026-04 snapshot(no deregistration)
  • JVCEA: formerly a Type-I member → withdrew during 2023年(the exact withdrawal date is not disclosed)
  • The April 1, 2026 FSA registration list still includes the company, while the current JVCEA member list reviewed on 2026-07-29 does not. This entry does not freeze the total-count gap or call the status unique, because it can change.
  • No registration for financial-instruments business or electronic-payment-instruments business(within publicly available information)

3. Listed assets

  • Initial 5 assets while the service was operating(2021-08 – 2023-02): BTC / ETH / BCH / XLM / LTC
  • Listed multiple additional assets in 2022年(AVAX, MKR, and others — 5 assets or more in total)
  • Service stopped 2023-02-16. Currently zero listed assets(dormant)

4. Scope of business

  • The official Japan launch announcement confirms retail spot trading. Products not listed there are not asserted to be absent.
  • Fiat-deposit channel: MUFG Quick Deposit(a partnership with Mitsubishi UFJ Financial Group — as of the 2021-08-19 service launch)
  • From February 2023 onward, trading for Japanese customers stopped. Unwithdrawn balances were subject to yen conversion and Legal Affairs Bureau deposit under the official notice.

5. Market share / trading volume

  • Within the Coinbase, FSA, and JVCEA materials designated for this review and checked on 2026-07-29, no Japan-business trading-volume or account-count disclosure was identified. This is not an assertion that none exists.
  • Market position: domestic operating period of about 18 months(2021-08 – 2023-02)
  • Entered as a foreign-affiliated exchange and halted retail-customer trading in February 2023
  • Customer base: general retail(Japan residents). No public information on number of accounts / AUM

6. History / major events

This table is limited to milestones confirmed in Coinbase’s official Japan launch and halt notices, the FSA registration list, the current JVCEA member list, and corporate-number records. Press-only management commentary and unconfirmed inferences are excluded. ^[Sources: https://www.coinbase.com/en-gb/blog/coinbase-launches-in-japan; https://www.coinbase.com/en-it/blog/halting-operations-in-japan; https://www.fsa.go.jp/menkyo/menkyoj/kasoutuka.xlsx; https://jvcea.or.jp/member/.]

Date Item
2016-01-26 Corporate-number designation(estimated upper bound of the founding period)
2021-06-18 Completed Kanto Local Finance Bureau crypto-asset-exchange-business 第00028号 registration; promoted to JVCEA Type-I member
2021-08-19 Coinbase Japan service launched. Supported Mitsubishi UFJ Quick Deposit; launched with 5 assets BTC/ETH/BCH/XLM/LTC
2023-01-18 Coinbase Japan formally announced a comprehensive review of its Japan business / cessation of transactions with existing customers
2023-02-16 Deadline for withdrawing customer assets(the deadline for withdrawing all balances)
2023-02-17〜 Automatically converted un-withdrawn crypto assets to Japanese yen and deposited the residual JPY balance with the Legal Affairs Bureau. Customer-facing service completely halted
Reviewed 2026-07-29 Listed as No. 00028 in the April 1, 2026 FSA list; absent from the current JVCEA member list

After the 2023-02 service halt, Coinbase 株式会社 has remained in a dormant state.

  • The FSA crypto-asset-exchange-business registration(第00028号)had not been deregistered as of 2026-04 , and the legal entity also persists
  • It has withdrawn from JVCEA(absent from the member roster as of 2026-05 )
  • Within the Coinbase, FSA, and JVCEA materials designated for this review and checked on 2026-07-29, no disclosure of a restart for Japanese customers was identified. This is not an assertion that none exists.
  • The purpose of any head-office address change is not inferred without a published source.

Industry positioning: this company’s case, alongside Kraken Japan(announced withdrawal 2023-01 ), is often cited as a “pattern of foreign-affiliated exchanges withdrawing from the Japanese market”(for the background, see Domestic Crypto Asset Exchange M&A and Consolidation History (2018-2026) and Japan domestic VASP parent-company / shareholder-structure map; as contrasting examples, the continuing foreign-affiliated BitTrade / Binance Japan). The withdrawal reasons cited at the time were the following 3 points:

  1. The strictness of the regulatory environment(KYC / AML compliance cost, the complexity of FSA screening)
  2. The 2022年 crypto-asset-market downturn and high customer-acquisition cost
  3. The parent’s global business contraction(2023年 layoffs)
  • Brian Armstrong: founder / CEO of Coinbase Global. Announced company-wide cost reductions in 2023-01-10
  • Nana Murugesan(Coinbase business-development / international-division executive): referred to a review of the Japan business in a 2023-01-12 Bloomberg interview
  • Japan-entity representative director(s): no current officer was identified within the Coinbase, FSA, and JVCEA materials designated for this review and checked on 2026-07-29. This is not an assertion that none exists.

Sources

#fintech#jp-crypto-exchange#vasp#dormant#foreign-exchange-exit

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