Japan’s Crypto Exchanges Are Pushing for Looser Margin Trading Rules to Help the Sector Grow
- Crypto outfits want margin trading cap of as much as 10 times
- Regulator says solid reasons needed to change two-times limit
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Japan’s crypto exchanges are pushing for a relaxation of curbs on margin trading, unbowed by last year’s global digital-asset market crash.
Many people in the industry want permitted leverage for retail investors of four to 10 times whereas currently customers can at most double exposure via borrowing, according to the Japan Virtual & Crypto Assets Exchange Association.