MUFG wants to help global stablecoin minters to issue stablecoins through its own DLTplatform. USDT USDC cryptotrading
earlier this week, Japan Virtual & Crypto Assets Exchange Association intends to apply to the Financial Services Agency to seek permission to raise the leverage limit from 2x to 4x and up to 10x.
Traders believe that if this can be achieved, it would help Japan to turn into a global cryptocurrency hub welcoming major exchanges and other blockchain companies into the country. However, FSA does not agree with them, stating that the Crypto Assets Exchange Association needs to provide"substantial grounds" for the change of leverage size.Yuri is a crypto journalist interested in technology and technical innovations. He has been in crypto since 2017. Believes that blockchain and cryptocurrencies have a potential to transform the world in the future in many of its aspects. ‘Hodls’ major cryptocurrencies and has written for multiple crypto media outlets.
His articles have been quoted by such crypto influencers as Tyler Winklevoss, John McAfee, CZ Binance, Max Keiser, etc.
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