Japan has tightened control of cryptocurrency, New rules will be introduced in 2020

Japan has tightened control of cryptocurrency, New rules will be introduced in 2020 – Tech Lapse

The bill also establishes a legal name change for cryptocurrencies as “crypto assets,” formerly designated in the country as “virtual currencies.” limiting leverage to two to four times the initial deposit. Regulation of the cryptocurrency market in Japan will change in April 2020, the country’s House of Representatives officially approved the new rules.