Representatives of the cryptocurrency and blockchain industry have expressed dissatisfaction with the decline in leverage offered on Japanese exchanges: the advisory period is approaching.
The country’s financial regulator, the Financial Services Agency (FSA), has put forward a proposal, as previously found, to try to invest x2 capital flows in authorized exchange swaps.
It seems that the Japanese stock markets deliberately tried to move the FSA last year, imposing an X4 lever cap.
The FSA seems to want more and the consultation period ended on February 13th. Next Money Media reports that there are officials and investors in the cryptocurrency and blockchain industry. Twitter and other social media platforms in Japan.
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But Gina Kim, a South Korean security expert who works with many corporate clients in Japan, says she thinks the regulator has not stopped by this time. He told Cryptonews.com,
“I don’t see the FSA thinking about it unless I understand the plausible arguments.” What is marginalized is what seems like cryptocurrency speculation. ”
Many representatives of the Japanese currency traders have declined their fortunes. As mentioned earlier, GMO operator Coin recently announced that it will reimburse new capital constraints this year by increasing its “customer base”.
Observers have misused the limit and point out that currency trading platforms in the country can now offer marginal trading at the X40 lever limit.