The investment in Bitcoin has increased rapidly in Japan

Monday- 04.16.18

At least 3.5 million citizens of the country are engaged in trade cryptocurrencies.

The Japan Financial Services Agency (FSA) has published official statistics on cryptocurrency trading for the first time. According to data collected at 17 trading web sites, as of March 31, at least 3.5 million people in the country are engaged in digital asset trading.

Among them, traders up to 30 years of age make 28%, up to 40 years - 34%, and 50 years - 22% respectively. It is noted that the publication of these data became the next step of the FSA on the way to increase the transparency of the local cryptocurrency industry after the abduction of more than billion dollars from the exchange Coincheck.

In addition, according to the regulator, as of the end of March about 142 thousand inhabitants of the country invest in cryptocurrency margin positions and futures.

It is noteworthy that the annual volume of trading directly by Bitcoin increased from $22 million on March 31, 2014 to $97 billion in 2017. At the same time, margin trading, credit and futures positions on Bitcoin increased from $2 million in 2014 to $543 billion only in 2017.

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