Connect with us

Business

FTX Cuts Leverage Limit to 20x From 100x as Criticism of Margin Trading in Crypto Grows – CoinDesk – CoinDesk

FTX CEO Sam Bankman-Fried said Sunday he’s limiting the amount of margin-trading debt traders can wager from 100 times leverage…

Published

on

Article feature image
ADVERTISEMENT

In a move perhaps designed to help dodge the worst of a coming regulatory storm, the head of a large cryptocurrency derivatives exchange said Sunday he’s limiting the amount of margin-trading debt traders can wager from 100 times leverage to 20 times.

  • In…

Click here to view the original article.

Continue Reading
Advertisement

You might also like ...

Article feature image
Clive Sinclair, an inventor who helped popularize personal computers, dies at 81 – CNN
Article feature image
Dogecoin Consolidates Above Key Support: Still Headed For 30 Cents? – Benzinga – Benzinga
Article feature image
Sears just reminded us all it’s a zombie retailer – Yahoo Finance