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The new head of the Japanese Financial Services Agency, who has previously dealt with the cryptocurrency field, will take office on July 4th.

According to BlockBeats news on June 27, the Nikkei reported that Japan announced that the Director-General of the Ministry of Finance, Junichi Nakajima, has retired and appointed Chohkoh Kurita, the Director-General of the Policy and Strategy Bureau, to take over on July 4. Kurita is currently 59 years old and is the Director-General of the Strategic Development and Management Bureau, which is responsible for handling cryptocurrency and financial technology issues under the Ministry of Finance in Japan.

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