Monday, December 11, 2017

How 15x Leverage At Tokyo Bitcoin Exchange Could Spread Contagion

History teaches us that borrowing money to buy appreciating assets ends badly. So why is the Japanese government letting one of the world's biggest Bitcoin exchanges borrow up to 15 times their deposits?

from Forbes Real Time https://www.forbes.com/sites/petercohan/2017/12/11/how-15x-leverage-at-tokyo-bitcoin-exchange-could-spread-contagion/
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