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The Financial Services Agency of Japan plans to establish a dedicated department to handle Crypto Assets.
According to Techub News, as reported by CoinPost, the Japanese Financial Services Agency has announced its budget organization and personnel plan for the fiscal year 2026, declaring significant restructuring of the regulatory framework. Specific measures include reorganizing the Comprehensive Policy Bureau and establishing a new "Asset Management and Insurance Regulatory Bureau (tentative name)" along with dedicated departments to handle encryption assets and cashless payments — the "Encryption Asset and Innovation Office" and the "Settlement Monitoring Office." In the field of encryption assets, the existing functions of the "Encryption Asset and Innovation Advisory Office," "Settlement Monitoring Office," and "Settlement and Digital Finance Group Monitoring Office" will be integrated, with the newly established department responsible for routine market monitoring, compliance with disclosure obligations during sales inducements, adaptive regulatory implementation, and systemic risk response. The tax reform demands announced on the same day also include discussions on implementing a separate taxation system for encryption asset transactions, indicating that the Financial Services Agency is working to build a "investor protection" system equivalent to that of the stock market from both institutional and organizational dimensions.