Japan’s FSA to Create New Bureau for Crypto, Digital Finance

Japan’s Financial Services Agency (FSA) plans a major reorganization in fiscal 2026, creating a new bureau to oversee insurance, asset management, and emerging financial services, including digital assets. Strengthening Oversight Amid Insurance Scandals The reorganization follows repeated incidents in the insurance sector, including customer data leaks and improper transfers from partner banks. The FSA intends to restore public trust and tighten governance by separating insurance oversight from the Supervisory Bureau. The current Supervisory Bureau will be renamed the “Banking and Securities Supervisory Bureau,” which will monitor megabanks, regional banks, and securities firms source: https://beincrypto.com/fsa-will-reorganize-bureaus-crypto-digital-finance-insurance/