According to Foresight News, Japan's Financial Services Agency (FSA) has announced its budget, organizational, and staffing requirements for the fiscal year 2026. The agency has proposed a significant restructuring, including the establishment of a new 'Cryptocurrency and Innovation Department,' with a budget set at 25 billion yen, an increase of 1. 19 billion yen from the previous fiscal year, approximately 170 million USD. The documents released by the FSA outline the restructuring goals as leveraging new digital technologies such as fintech, cryptocurrency trading, and artificial intelligence to enhance the agency's ability to respond to changes in financial services
source: https://www.binance.com/en/square/post/28969377469378?utm_source=BinanceNewsRSS