Japan's FSA Requests Record 40.3 Billion Yen Budget to Strengthen Crypto Oversight

The Financial Services Agency (FSA) of Japan announced its budget and staffing requests for the 2027 fiscal year on August 31. The total request amounts to 40.3 billion yen, an increase of 13.4 billion yen from the previous year, marking the largest budget in the agency's history. The funds are primarily designated for enhancing crypto asset monitoring and advancing on-chain initiatives.