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

The post Japan’s financial watchdog limits leverage on crypto derivatives appeared first on Coin Rivet.

...
Continue reading Japan’s financial watchdog limits leverage on crypto derivatives

The post Japan’s financial watchdog limits leverage on crypto derivatives appeared first on Coin Rivet.
Grafico Azioni Bitcoin (COIN:BTCUSD)
Storico
Da Mar 2024 a Apr 2024 Clicca qui per i Grafici di Bitcoin
Grafico Azioni Bitcoin (COIN:BTCUSD)
Storico
Da Apr 2023 a Apr 2024 Clicca qui per i Grafici di Bitcoin