Japan Plans to Relax Cryptocurrency Leverage Trading Restrictions to Attract Capital Back
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Japan Plans to Relax Cryptocurrency Leverage Trading Restrictions to Attract Capital Back
According to Nikkei, Seiji Kihara, head of the Liberal Democratic Party's "Next Generation AI · On-Chain Finance Concept Project Team," stated at a financial summit held in Tokyo on July 14 that Japan's current 2x leverage cap on cryptocurrency trading is "too strict." He noted that the healthy development of the market requires sufficient liquidity and price discovery mechanisms, and relaxing restrictions is the general trend. The project team is promoting adjustments to relevant regulatory policies, aiming to attract more cryptocurrency funds back to the Japanese market by enhancing market liquidity.
Navigating Web3 tides with focused insightsTechFlow news, July 27, according to Nikkei, Seiji Kihara, Leader of the Liberal Democratic Party's "Next Generation AI and On-Chain Financial Concept Project Team," stated at a financial summit held in Tokyo on July 14 that Japan's current 2x limit on cryptocurrency leveraged trading is "too strict." The healthy development of the market requires sufficient liquidity and price discovery mechanisms, and relaxing restrictions is the general trend. The project team is promoting adjustments to relevant regulatory policies, aiming to attract more cryptocurrency funds back to the Japanese market by enhancing market liquidity.
