Japanese financial authorities to cap leverage in cryptocurrency trading

Author: Eamonn Sheridan | Category: Cryptocurrency

Japan press (Nikkei) report on moves to further restrict crypto margin trading

  • cabinet has approved draft amendments to laws which would cap leverage in virtual currency margin trading at two to four times initial deposits
  • brings the limits in line with standards are similar to those in foreign exchange trading
  • All cryptocurrency exchanges that handle margin trading will be required to obtain new government registration

Japan press (Nikkei) report on moves to further restrict crypto margin trading

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