2018-7-26 16:10 |
Exchanges
Japanese cryptocurrency exchanges may soon set a strict limit on the leverage they offer for margin trading in order to better protect investors.
The association comprised of 16 government-approved crypto exchanges is reportedly imposing a leverage limit as part of its self-regulatory rules.
Japan Confirms Entrance Into the Crypto Space
Leverage Limit on Margin Trading
The Japan Virtual Currency Exchange Association (JVCEA) is reportedly planning to impose a leverage limit for crypto margin trading in order to protect investors, local media reported Wednesday.
Exchanges Set Their Own Limits
Each cryptocurrency exchange in Japan sets its own limit for margin trading.
Nikkei further elaborated:
Japan currently lacks limits on cryptocurrency margin trading…Some exchanges permit leverage of up to 25 times the deposit, citing regulations, setting that as the ceiling for foreign exchange trading.
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