Japan's Financial Services Agency (FSA) has released its budget, organization, and staffing requirements for fiscal year 2026. In the request, the agency proposed a major restructuring, including the creation of a new "cryptocurrency and innovation department" and a budget of 25 billion yen (1.19 billion yen more than the previous fiscal year), or about $170 million. According to the public document, the Financial Services Agency identified the topic of restructuring as "the need to use...
BingX Labs, the innovation arm of cryptocurrency exchange BingX, has awarded $10 million to full-chain liquidity infrastructure StakeStone to accelerate the development of full-chain liquidity staking and StakingFi applications.
BingX Labs, the innovation arm of BingX, announced a strategic partnership with Bitcoin staking agreement Babylon to invest $5.30 million in the Babylon project through its $100 million ecosystem fund.