David Dinkins

Yahoo Japan Plans to Launch Cryptocurrency Exchange

Yahoo Japan will soon buy 40% of an existing Japanese crypto exchange and parlay their technology into something even bigger.
Yahoo Japan Plans to Launch Cryptocurrency Exchange

Yahoo Japan will be launching its own cryptocurrency exchange, according to reports from Nikkei Asian Review. The company will soon be taking a 40% ownership stake in BitARG, a digital currency exchange that’s already licensed by Japan’s FSA. Yahoo Japan will ultimately use BitARG’s technology to set up an exchange of their own. Japan is a lucrative market for cryptocurrency exchanges, since the country is the largest Bitcoin market in the world. Over 50% of all Bitcoin transactions are denominated in Japanese yen.

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