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Discover the implications of the Japanese Yen crashing, with insights into its exchange rate with the US Dollar in August 2024. Learn about the money system in Japan, how to convert USD to JPY, and the requirements for demonstrating financial solvency when applying for a 4-month business manager visa, including the threshold of 5 million yen (equivalent to 38,000 USD). Stay informed and prepared for your financial endeavors in Japan.

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Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.

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