Japan tightens grip on cryptocurrency margin trading

Japan tightens grip on cryptocurrency margin trading
фото показано с : thenextweb.com

2019-3-19 15:14

Japan, the home of the now-defunct cryptocurrency exchange Mt. Gox, is establishing stricter rules for cryptocurrency margin trading to prevent investors from getting scammed. Margin traders typically use borrowed funds from a broker to trade a financial asset, which in turn, forms the collateral for the loan supplied by the broker.

According to a report from Nikkei Asian Review, the new rules will come into place in April 2020, after the Japanese Cabinet approved draft amendments relating to payment services and financial instrument laws last Friday. As a result, all cryptocurrency exchanges offering margin trading in the country will need…

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Источник: thenextweb.com

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Фото:

Japan Capping Cryptocurrency Leverage Trading in April 2020

Japan, arguably the world’s leader in cryptocurrency regulation, is set to drop more rules on the industry by capping leverage trading on cryptocurrency exchanges.   Japanese regulators approved on Friday amendments to Japan’s financial instruments and payment services laws that limit the amount of leverage cryptocurrency exchanges may offer users when margin trading.

2019-3-19 14:00


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