Yahoo Japan plans to introduce the exchange of cryptocurrencies in 2019

 

Next month Yahoo Japan plans to acquire 40% of the operator BitARG Exchange Tokyo, and then launch a full exchange in April 2019 or later.

The Yahoo Japan exchange will be newly built but based on BitARG’s system. The two companies have reported their capital tie-up plan to the Financial Services Agency.

Starting next month, Yahoo Japan executives and engineers will be dispatched to BitARG, where they will spend about a year developing the new exchange system. They will also work on a corporate governance structure, a customer management system and internal controls.

 


Write: Sara Bauer


 

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