How to buy Solana in Japan

STATUS: LEGAL
Regulators: FSA, National Tax Agency As of: June 2026 Last reviewed: June 4, 2026

This is general information, not legal, tax, or financial advice. Verify the current rules with a qualified local professional and the official regulator before acting.

Quick answer

Buying and holding Solana (SOL) is legal in Japan as of June 2026, but SOL listings are limited and only recently expanding under the screening overseen by the Financial Services Agency (FSA). SBI VC Trade lists Solana, and bitFlyer has announced Solana trading from June 24, 2026. Profit on a later sale, swap, or spend is generally taxed as miscellaneous income. This is general information, not advice.

Is it legal to buy Solana in Japan?

Owning, buying, and selling Solana is legal in Japan as of June 2026. Japan regulates crypto under its Payment Services Act, which requires platforms that serve residents to register with the Financial Services Agency (FSA) as a crypto asset exchange service provider. The Japan Virtual and Crypto assets Exchange Association (JVCEA), a self regulatory body, sets industry standards alongside the FSA. A registered platform may only list a crypto asset that has cleared a screening process, so the set of coins available in Japan is curated.

Because of that screening, Solana has had limited availability on Japanese registered platforms, and that availability is expanding rather than universal. SBI VC Trade announced Solana trading and custody in June 2026, and bitFlyer announced that it would open Solana trading from June 24, 2026. As of June 2026, confirm that a specific FSA registered platform actually lists Solana before you sign up, because not every registered platform offers it. The legality of holding Solana does not depend on which platform lists it.

Ways to buy Solana

The route to buying Solana in Japan is an FSA registered exchange that lists the coin. After you register and verify your identity, you can fund the account by bank transfer in yen, then buy Solana at the quoted price plus the platform fee or spread. Platforms let you keep the coin in their custody or withdraw it to a wallet you control. Because SOL listings are still limited, check the platform's supported asset list first.

Whichever platform you choose, expect to pass a know your customer check, because Japanese anti money laundering rules require registered platforms to verify your identity before you can trade. There is no legal cap on how much Solana an individual can buy, but platforms set their own limits by verification level and payment method. Solana can also be staked to earn rewards where a platform offers it and through self custody, and the rewards are generally treated as income for tax.

Tax when you buy and sell

Not tax advice, verify before filing

In Japan, profit on crypto held by an individual is generally taxed as miscellaneous income (zatsu shotoku), a position current as of June 2026 and administered by the National Tax Agency (NTA). Buying Solana with yen and simply holding it is not itself taxable. Tax generally arises when you sell it for yen, swap it for another crypto, or spend it. Miscellaneous income is added to your other income and taxed at progressive national rates, and with local inhabitant tax the combined top rate can reach about 55 percent.

Because crypto profit is aggregated with salary and other income rather than taxed at a separate flat rate, your effective rate depends on your total income for the year. A reform to tax crypto at a flat rate has been discussed publicly but had not been enacted as of June 2026, so the miscellaneous income treatment continues to apply. Staking rewards and crypto received as payment are generally taxable at their value when received. Keep records of acquisition cost and yen values, and confirm your position with a tax professional before filing. See our crypto tax in Japan page for more.

Buying compliantly

To buy Solana lawfully, choose an FSA registered platform that actually lists Solana, complete its identity verification, and keep records for your tax reporting. Solana availability in Japan is limited and expanding as of June 2026, so confirm a platform lists the coin before you sign up. This is a description of availability and registration status, not a recommendation, a ranking, or any view on price.

How to act legally

Compare available exchanges in Japan

Solana listings in Japan are limited and expanding as of June 2026. SBI VC Trade lists Solana now, and bitFlyer has announced Solana trading from June 24, 2026. Compare available platforms on fees and FSA registration, and confirm a platform lists Solana before you sign up. We list a platform here only where the coin is genuinely available.

bitFlyer
Compare available exchanges

Regulator and sources

Frequently asked questions

Is it legal to buy Solana in Japan?

Yes. Buying, holding, and selling Solana is legal in Japan as of June 2026. The constraint is availability rather than legality, because Japan curates which coins FSA registered platforms may list. A private buyer does not need a licence. This is general information, not advice.

Which platforms list Solana in Japan?

Solana availability is limited and expanding. As of June 2026, SBI VC Trade lists Solana, and bitFlyer announced Solana trading from June 24, 2026. Confirm a platform's current registration on the FSA list and that it actually lists Solana before depositing funds.

Why is Solana harder to find on Japanese exchanges?

Japan requires that each listed crypto asset clears a screening process overseen by the FSA and the JVCEA, so platforms list a more curated set of coins than in some markets. Solana entered Japanese platforms more recently, which is why availability is still expanding as of June 2026.

Do I pay tax when I buy Solana in Japan?

Buying and holding Solana is not by itself taxable. Profit on a later sale, swap, or spend is generally taxed as miscellaneous income as of June 2026, aggregated with your other income at progressive rates that can reach about 55 percent with local tax. This is general information, not tax advice.

Do I need identity verification to buy Solana in Japan?

Yes. Japanese anti money laundering rules require FSA registered platforms to carry out know your customer checks before you can trade, including verifying your identity and address.

Related pages

Crypto in Japan: country hubCrypto regulation in JapanCrypto tax in JapanBest crypto exchanges in JapanCrypto staking in JapanHow to buy Ethereum in JapanHow to buy Solana in the United States

Risk and change note: crypto rules and exchange availability change frequently. Solana listings in Japan are limited and expanding, and the tax treatment is under discussion, so the position above carries an as of date and was last reviewed on June 4, 2026. Confirm current FSA registration, that a platform lists Solana, the tax position, and the specific service with the platform, the FSA, and the National Tax Agency before you act.

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Written and reviewed by the wherelegalcrypto editorial team, Morten Andersen and Fredrik Filipsson. Each status is checked against the named regulator and dated. See our editorial standards.