Japan to Tighten Rules on Cryptocurrency Margin Trading
Japan is lowering the limits for cryptocurrency margin trading from next year, and will also mandate registration of platforms offering the service.
The software provider is adding support for margin trading, with a raft of trading options and controls for crypto brokerages and exchanges.
Poloniex allowed margin trading on the coin until a flash crash wiped out 1,800 bitcoins worth $13.5 million at the time
Japan's top financial regulator reportedly plans to reduce the risk to crypto margin traders by cutting the maximum allowed leverage.
Binance has launched version 2.0 of its platform – a move that officially adds margin trading for its customers.
Binance has told TechCrunch it's launching margin trading "soon," after the crypto exchange accidentally revealed the service in a tweeted image.