Japan to introduce regulations to limit margin trading6

Japan is introducing changes to the regulatory framework regarding crypto trading, Nikkei Asian Review writes. The amendments to Japan’s financial instruments and payment services laws were approved last week by the Japanese Cabinet. They will come into effect in April 2020.

There are two major changes that will affect the crypto industry. The amended law will impose limits—similar to those foreign exchanges adopt—to cap margin trading at two to four times initial deposits.

Original source
https://www.theblockcrypto.com/tiny/japan-to-introduce-regulations-to-limit-margin-trading/

Add comment

Please Sign in to be able to leave comments.