Yahoo Japan to Launch Own Cryptocurrency Exchange: report

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Yahoo Japan to Launch Own Cryptocurrency Exchange: report

Postby kreslik.news » Thu Mar 22, 2018 6:42 pm


In a move that is likely to shake up the cryptocurrency exchange business, Yahoo Japan has announced plans to open its own crypto-exchange as soon as a year from now, Nikkei Asian Review reported on Friday.

Through its retail Forex brokerage arm, YJFX, Yahoo Japan will take a 40 percent stake in the ‎BitARG exchange, which is regulated by the country’s Financial Services Agency (FSA) as a licensed ‎platform to buy and sell Bitcoins and use the firms technology to open its own exchange, the report says.

Yahoo Japan will buy part of the stake through acquiring ‎outstanding shares and the injection of new ... (read more)

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