Home Blockchain News Yahoo! Japan Enters Crypto Despite Bear Market, Plans May 2019 Launch of Bitcoin Exchange

Yahoo! Japan Enters Crypto Despite Bear Market, Plans May 2019 Launch of Bitcoin Exchange

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Taotao, a crypto exchange based in Japan, is planning to launch in May with the approval of Japanese authorities. According to a CNBC report in April 2018, Yahoo! Japan said that it will acquire a 40 percent stake in BitARG Exchange Tokyo, which has since reportedly been rebranded to Taotao. “Yahoo Japan Corp said on Friday it would buy a minority stake in a Tokyo-based cryptocurrency exchange, becoming the latest major Japanese financial services provider to shrug off security concerns and join the digital money industry,” the report read. Prior to that, in March 2018, CCN reported that Yahoo! Japan

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* First published on ccn.com

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