Japanese crypto traders will set a limit on the leverage in margin trading

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4 months ago
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Trading platforms in Japan might impose a 4-to-1 limit on the leverage in margin trading. According to the local newspaper Jiji Press, such measures were recommended by the The Japan Virtual Currency Exchange Association (JVCEA) in order to protect investors.

Nevertheless, JVCEA plans to give exchanges the right to independently set limits and impose restrictions gradually.

As previously reported, in June, JVCEA imposed a ban on insider trading with cryptocurrencies and penalties for employees of exchanges caught on this illegal activity.