Regulation· ★★★· bullish·

Japan's FSA seeks 15x budget boost for digital finance

  • —FSA's FY2027 request is ¥1.327 billion vs ¥88.22 million in FY2026
  • —The agency seeks 13 new staff, including a head of crypto exchange monitoring
  • —FSA approved a stablecoin trade-settlement pilot with TradeWaltz, NTT Data and Mizuho
  • —Japan passed a 2026 law moving crypto to the FIEA with separate taxation
Why it matters: A bigger FSA budget and stronger oversight accelerate crypto institutionalization in Japan and pave the way for crypto ETFs.
Source: CoinPost