Japanese regulators plan to reduce the requirements for margin trading!
Asian countries are actively working to create a favorable environment for the cryptocurrency industry. It has been reported that Japanese regulators are planning to ease restrictions on margin trading. According to the Japanese Virtual Asset Exchange Association, it is planned to increase the leverage for retail investors to 1:10.
Vice-Chairman of the organization Genki Oda noted: “New reforms can make Japan a more attractive region for cryptocurrency startups and blockchain corporations.” In his opinion, this step will contribute to the growth of trading volumes at local sites.