Japan's FSA to establish formal cryptocurrency division in 2026

Japan's Financial Services Agency (FSA) will formally establish a dedicated cryptocurrency department in July 2026 to coincide with the next fiscal year, according to local crypto media outlet CoinPost. The move will upgrade the current Counselor's Office for Crypto-Assets, Blockchain, and Innovation—a body similar to a task force—into a formally established division. As CoinNess previously reported, the FSA's 2026 budget request to the government included plans for the new department.