The Japanese Financial Services Agency is planning to establish a new Cryptocurrency and Innovation Department

By: theblockbeats.news|2025/08/29 22:22:21
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BlockBeats News, August 29th. According to CoinPost, on the 29th, the Japanese Financial Services Agency announced the budget and personnel structure plan for the year 2026, revealing a major restructuring of the regulatory framework. Specific measures include the reorganization of the Integrated Policy Bureau, the establishment of the "Asset Management and Insurance Regulatory Bureau (tentative name)," and the creation of dedicated departments to handle cryptocurrency assets and cashless payments – the "Cryptocurrency Asset and Innovation Office" and the "Fund Settlement Monitoring Office."

In the field of cryptocurrency assets, the functions of the existing "Cryptocurrency Asset and Innovation Advisory Office," "Fund Settlement Monitoring Office," and "Settlement and Digital Financial Group Monitoring Office" will be integrated into the new department, which will be responsible for market monitoring, fulfilling disclosure obligations during sales solicitations, implementing adaptive regulation, and addressing systemic risks. The tax reform demands announced on the same day also include a discussion on implementing a separate taxation system for cryptocurrency transactions, indicating that the Financial Services Agency is actively building a "stock market-equivalent investor protection" system from both institutional and organizational perspectives.

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