3.5 million traders in Japan

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The Agency of Financial Services of Japan (FSA) for the first time issued statistics on domestic credit and currency trading.

According to information. collected on 17 crypto-currency exchanges, it became known that in Japan at the moment there are 3.5 million crypto-currency traders.

The bulk is made up of investors between the ages of 20 and 40, accounting for 84% of all currency traders in Japan.

The study was conducted in order to increase the transparency of the crypto-currency sector after the January cracking of the Coincheck exchange.

According to the FSA, the findings will help develop a more comprehensive approach to studying the problems associated with the crypto-currency trade in Japan.

Also in late March, the financial regulator announced that the number of investors in the crypto currency and futures is 142 842 people.

Among other things, it is noteworthy that the volume of trade in crypto-currency assets has increased over the past few years. For example, the annual trading volume of the Bitcoin crypto currency at the end of March 2014 was $ 22 million, compared to $ 97 million in 2017.

At the same time, the volume of trade in margin, loans and futures for bitcoin, as a basic asset, grew from just $ 2 million in 2014 to $ 543 million in 2017, the agency said.

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