Yahoo Japan to launch Cryptocurrency Exchange, acquiring 40% of BitARG Exchange Tokyo

According to the reports from Nikkei Asian Review, Yahoo Japan will launch Cryptocurrency Exchange. It will be using BitARG Exchange Tokyo’s system and will also be investing to acquire 40% of BitARG Exchange.

FSA as been informed by the two companies of the partnership and will seek to be compliant with the FSA regulations.

Yahoo subsidiary YJFX, will pay $19 Million USD for 40% stake in BitARG. Development of new Cryptocurrency exchange will begin next month.

 

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