Regulation· ★★★· neutral·

Japan's FSA sets up working groups on growth funding and insurance, flags on-chain finance

  • —FSA created two working groups: growth funding and insurance system
  • —Fiscal 2027 budget request for financial digitalization is ¥1.33 billion, 15x higher
  • —Council member urged medium-term rules for on-chain finance
  • —Crypto and stablecoins were not on the meeting agenda
Why it matters: Signals Japan is preparing a regulatory framework for on-chain finance and digital payments, a key development for crypto firms in the market.
Source: CoinPost
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