Japan’s financial watchdog limits leverage on crypto derivatives
13 Enero 2020 - 12:00PM
Coin Rivet
Japan’s Financial Services Agency will limit leverage on crypto
derivatives platforms in the country to just twice the deposits
made. According to the Japan Times, the country’s financial
watchdog will no longer permit high leverage on crypto derivatives
platforms. Leverage on cryptocurrency platforms will be limited to
twice the amount the trader puts down. Japan clamps down on
leverage This new regulation of 2x leverage is stricter than the
industry standard cap in Japan of 4x. It will be established in
order to protect retail traders and reduce their risk of suffering
epic losses at the hands of volatile and unexpected price
fluctuations. The new rule will go into force this spring and be
included in a Cabinet Office order
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Japan’s financial watchdog limits leverage on crypto
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