Japan will launch crypto exchange backed by Yahoo
The Japanese cryptocurrency exchange TaoTao, formerly called BitARG, will start operations in May, with the backing of the Internet giant
In May, the Japanese cryptocurrency exchange TaoTao, previously called BitARG, will begin operations with the backing of Yahoo. This was announced on Monday through the media.
The news of the launch of this platform was announced after new regulations for the trading of digital assets were approved in early March.
Yahoo owns Taotao by 40%. It was learned that initially the platform will offer transactions in bitcoin, ethereum, litecoin, ripple and bitcoin cash.
With this initiative Yahoo makes its foray into the ecosystem of the crypto exchanges, after the approval of operations granted to TaoTao by the regulatory authorities.
The public interested in participating and obtaining benefits in the Japanese market “can now register to obtain an account and participate in a promotional lottery plan“.
M.Pino
Source: Cointelegraph
