By Joseph Branch in Blockchain —

Japanese crypto exchanges ask for relaxation of margin trading rules

Japanese crypto exchanges ask for relaxation of margin trading rules
Photo by Tokenstreet / Unsplash

Crypto exchanges in Japan are seeking to ease restrictions on margin trading, Bloomberg writes. At issue is an increase in leverage from 2x to 4x or 10x.

The industry representatives will submit a corresponding request to the Financial Services Agency of Japan next month.