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Yahoo Japan to Launch Cryptocurrency Exchange

         

bill

12:51 am on Mar 26, 2018 (gmt 0)

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Yahoo Japan to open cryptocurrency exchange [asia.nikkei.com]
In a move that may touch off a realignment in the cryptocurrency exchange business, Yahoo Japan next month will acquire 40% of operator BitARG Exchange Tokyo, then launch a full-blown exchange in April 2019 or later.

The Yahoo Japan exchange will be newly built but based on BitARG's system.

keyplyr

1:17 am on Mar 26, 2018 (gmt 0)

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And here I was getting the impression the major players were moving trying to distance themselves from cryptos.

bill

2:18 am on Mar 26, 2018 (gmt 0)

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Although I haven't seen many physical locations where I could use cryptocurrency, one can't escape the ads for various exchanges in Japan. They're all over the trains these days. Seems a bit odd to me that they're going forward with these after two of the largest cryptocurrency heists came from Japan based exchanges.

keyplyr

2:54 am on Mar 26, 2018 (gmt 0)

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Google and Facebook have announced they will soon no longer support cryptocurrency ads. One would think they know something we don't?

My feeling is they are being proactive in case a few investors lose big and try to point the finger. I guess Yahoo Japan doesn't see it that way.

"Only those who will risk going too far can possibly find how far one can go." - T S Elliot