Softer crypto margintrading rules are being pushed for by Japanese exchanges
According to the article, a lot of traders want the FSA to raise thelimit from the current level and let them trade cryptocurrencies with 4x to 10x leverage.
The aforementioned association believes that changing the rule on leverage trading would turn Japan into a global crypto hub and attract many DLT and crypto companies into the country. As of late, Japan has eased up on some rules regarding cryptocurrencies in the country, including token listing and crypto tax payments. Still, in general, local crypto-related rules are much stricter compared to user countries. Following the law on investor protection, the Japanese branch of the FTX exchange crashed in early November last year, while the bankruptcy process of the main company in the U.S. continues.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Crypto Conglomerates Should Be Regulated, MiCA 2 Needed, Bank of France Governor Says – Exchanges Bitcoin NewsInternational cooperation is necessary to regulate crypto conglomerates, according to the head of the central bank of France.
Baca lebih lajut »
Japan’s Crypto Exchanges Push for 10 Times Leverage on Margin Trading: BloombergJapanese cryptocurrency exchanges are urging regulators to relax margin trading restrictions on popular cryptocurrencies such as $BTC. By shauryamalwa
Baca lebih lajut »
Bitcoin Balance on Exchanges PlungesBitcoin balance on cryptocurrency exchanges just dropped to a three-month low, hinting at increased investor uncertainty
Baca lebih lajut »
USDC Dethrones USDT as the Most Liquid Stablecoin on Centralized Exchanges: DataUSDC has dethroned USDT as the most liquid stablecoin on centralized exchanges.
Baca lebih lajut »
Top US-China exchanges since Biden took officeU.S. Secretary of State Antony Blinken began two days of talks in Beijing on Sunday, the highest-ranking U.S. official to visit China since President Joe Biden took office in January 2021.
Baca lebih lajut »
CZ, Binance US Pleased With SEC Deal Despite ‘Unwarranted’ Emergency Relief – Exchanges Bitcoin NewsBinance founder Changpeng Zhao (CZ) expressed his satisfaction over the agreement with the U.S. securities regulator.
Baca lebih lajut »