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Japan was doing great in terms of trading volume, when the leverage was at 25X it accumulated $500B.
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JVCEA seeks that the margin trade leverage go up to 10X from current 2x level.
The crypto exchanges in Japan are seeking the uplifting ceiling of leverage on margin trade. Margin trading was one of the well-performing sectors. But now its struggling in the region given lower leverage offering. Crypto exchange association in Japan reported to come forward and asked regulators to ease off the leverage limits.
Crypto Exchanges Group Demands in Japan
In an interview with Bloomberg on Tuesday, …
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