Japan: The volume of investments in bitcoin futures significantly increased.

Japan: The volume of investments in bitcoin futures significantly increased.

FSA (Agency of financial services, Japan) published official statistics report for cryptocurrency trading. According to the data, at least, 3.5 mln of citizens are engaged in digital assets trading.

The data were collected on 17 trading sites. The traders are mostly young people: ones under 30 years old are  28%, up to 40 years old are 34%, and up to 50 years old are 22%, respectively. It is noted that the data publication became the FSA next step to increase the transparency of the local crypto-exchange industry after the kidnapping of more than half a billion dollars from the Coincheck exchange.

Besides, according to the data of regulator, 142 thousand people in the country are investing in cryptocurrency marginal positions and futures. The interesting fact is that the annual trading volume of bitcoin increased from $ 22 million on March 31, 2014 to $ 97 billion in 2017. At the same time, the level of trading by margin, credit and futures positions for bitcoin increased from $ 2 million in 2014 to $ 543 billion only in 2017. As Deutsche Bank research recently demonstrated, the majority of international crypto traders are men from Japan,  between 30 and 50, previously worked with Forex markets.

https://forklog.com/fsa-v-yaponii-stremitelno-vyros-obem-investitsij-v-bitkoin-fyuchersy/


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