The Japan Virtual and Crypto Assets Exchange Association (JVCEA), a self-regulated body of crypto exchanges in the country, is calling for a relaxation of current margin trading rules on cryptocurrencies. In early 2022, leverage was capped at twice the principal capital, leading to a significant drop in trading volumes. The JVCEA now advocates for an increase in leverage limits to a minimum of 10 times the principal, despite inherent market risks. The association maintains that such changes could boost market growth and enhance market liquidity.
Sources: https://cutt.ly/1wt5AbSr
Japan
JVCEA
crypto
cryptocurrency
cryptonews
CH-020116 (Webpage Portal) 2023-06-21 (Published) 2023-06-26 (Updated)
