The Cabinet of Japan, the executive branch of the country’s government, is limiting leverage in cryptocurrency margin trading at two to four times the initial deposit. The new regulations will help the regulators to keep investors safe from Ponzi Schemes and encourage legitimate companies to practice offerings as fundraising tools. As per Nikkei, Japanese financial regulators have introduced new regulations for cryptocurrency margin trading. The Cabinet of Japan, the executive branch of the country’s government, has allowed draft amendments to Japan’s financial instruments and payment services laws, limiting leverage in cryptocurrency margin trading at two to four times the initial deposit. The new rules will come into force in April 2020. It will require cryptocurrency exchange operators to register within 18 months. The Financial Services Agency (FSA) will have the authority to deal with unregistered cryptocurrency “quasi-operators.” This move will help the regulators to keep investors safe from Ponzi Schemes and encourage legitimate companies to practice offerings as fundraising tools. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street Crypto News share Read Next Bitcoin Cash overview: BCH gained 25% in a week, what’s going on? FX Street 4 years The Cabinet of Japan, the executive branch of the country's government, is limiting leverage in cryptocurrency margin trading at two to four times the initial deposit. The new regulations will help the regulators to keep investors safe from Ponzi Schemes and encourage legitimate companies to practice offerings as fundraising tools. As per Nikkei, Japanese financial regulators have introduced new regulations for cryptocurrency margin trading. The Cabinet of Japan, the executive branch of the country's government, has allowed draft amendments to Japan's financial instruments and payment services laws, limiting leverage in cryptocurrency margin trading at two to four times the initial… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
