News linked to both this project and an event.
Starting October 1, Polygon will begin distributing over 27 million POL incentives to stakers. These rewards consist of POL incentives previously accrued under PIP-85 but withheld due to compliance issues, sourced from the 50% share of priority fees allocated to stakers. The distribution will run for two months, ending on December 1, and is expected to increase the staking yield from 3% to approximately 7.7%.
According to CoinPost, at the “9th BCCC Collaborative Day” held on April 21, 2026, Mr. Shigeharu Shimizu, Chief of the Risk Analysis Division, General Policy Bureau of Japan’s Financial Services Agency (FSA), delivered a special keynote speech revealing significant progress in cryptocurrency regulation. The FSA has submitted a bill to the extraordinary Diet session proposing to transfer cryptocurrency assets from the Payment Services Act to the Financial Instruments and Exchange Act. The bill centers on four key regulatory enhancements: strengthened disclosure requirements, establishment of a new category for independent operators, stricter penalties for unregistered operators, and comprehensive insider trading regulations. Meanwhile, the FSA is advancing three “Payment Innovation Projects (PIPs)” pilot experiments: 1) A cross-border yen stablecoin payment trial involving Japan’s three major banks; 2) On-chain settlement of government bonds, social bonds, and equities using blockchain technology, aiming to enable 24/7 continuous trading; and 3) A bank-to-bank tokenized deposit transfer experiment, which received official support on April 3 this month and will be coordinated with the Bank of Japan’s central bank reserve tokenization sandbox initiative. Mr. Shimizu stated that blockchain holds tremendous potential to enhance the convenience and diversification of financial services, and the FSA will continue advancing institutional development and practical implementation support.