Yahoo Japan to Launch Own Cryptocurrency Exchange: report
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Yahoo Japan to Launch Own Cryptocurrency Exchange: report
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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