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Japan's Financial Services Agency (FSA) released domestic cryptocurrency trading statistics for the first time. Data points to 3.5m active traders, yearly trading volume of bitcoin of $97b in 2017 (up from $22m in 2014) and even more staggering, trading on margins, credit and futures of bitcoin as an underlying asset has surged from just $2m in 2014 to $543b in 2017. Source document in Kanji is here
Announced at the first meeting of a cryptocurrency exchange study group established by the FSA in early March, the data release marks the latest effort by the financial watchdog in bringing greater transparency to the industry following a recent hack of one of the domestic exchange Coincheck. According to the FSA, the study and disclosure of the domestic trading statistics is a first step towards a more comprehensive examination over institutional issues in the cryptocurrency trading space in Japan. In comparison, the financial regulator also disclosed in the latest report that the number of traders investing in cryptocurrency margins and futures is about 142,842 as of the end of March.
https://www.coindesk.com/3-5-million-traders-japan-releases-domestic-cryptocurrency-statistics/
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