What about Singapore?

BlockBeats news, on August 29, according to CoinPost, the Japan Financial Services Agency announced on the 29th its budget plan for fiscal year 2026, declaring a significant restructuring of its regulatory system. Specific measures include reorganizing the Comprehensive Policy Bureau, establishing a new 'Asset Management and Insurance Regulatory Bureau (tentative name)', and setting up specialized departments to handle cryptocurrencies and cashless payments - the 'Cryptocurrency and Innovation Office' and the 'Funds Settlement Monitoring Office'.

In the field of cryptocurrencies, existing functions of the 'Cryptocurrency and Innovation Advisory Office', 'Funds Settlement Monitoring Office', and 'Settlement and Digital Finance Group Monitoring Office' will be integrated, with the newly established department taking unified responsibility for regular market monitoring, fulfillment of disclosure obligations during sales inducement, implementation of adaptive regulation, and response to systemic risks. The tax reform demands announced on the same day also include exploring the implementation of a separate tax system for cryptocurrency transactions, indicating that the Financial Services Agency is constructing a 'investor protection system equivalent to the stock market' from both institutional and organizational dimensions.