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Cryptocurrencies

Japan cryptocurrency industry moves to cap margin trading

Proposed 4-to-1 limit would shield investors from wild price swings

Like other cryptocurrencies, Bitcoin is prone to sharp price swings, fluctuating as much as 10% in a single day.   © Reuters

TOKYO -- The self-regulatory body for Japan's cryptocurrency exchanges is firming up plans to set a 4-to-1 leverage limit on margin trading, aiming to reduce the risk of massive losses given the volatility of these assets.

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