Japan Preps Tougher Rules on Cryptocurrency Margin Trading2

Cryptocurrency margin trading can be extremely risky for investors. Japan’s uppermost executive body, the Japanese Cabinet, has accordingly greenlighted amendments put forth by the nation’s Financial Services Agency (FSA) that would limit how much leverage domestic crypto margin traders can use.

The FSA had first released a report proposing new rules for Japanese crypto services in December 2018. Therein, the agency called for cryptocurrency margin trading platforms to register with the government and for the imposition of stricter margin limits in these venues.

Original source
https://blockonomi.com/japan-tougher-rules-crypto-margin-trading/

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