The second largest search engine Yahoo! is set to launch a cryptocurrency exchange in Japan. Initially, the new venture known as Taotao will offer Bitcoin (BTC) and Ethereum (ETH) trading services only, though the range of products will be expanded to Ripple’s XRP, Bitcoin Cash (BCH) and Litecoin (LTC). The company has already started onboarding clients. Users may sign up with the exchange to get ready for the launch beforehand and participate in a promotional campaign. According to the information, provided on Taotao’s website, 40% of the company’s shares belongs to 100% Yahoo! subsidiary Z Corporation Ltd. CMD Lab Inc. owns 60% of shares. Taotao has obtained the regulatory approval. Also, the company is a member of Japanese self-regulatory body Japan Virtual Currency Exchange Association (JVCEA) that guides operations of cryptocurrency exchanges. Yahoo! first announced the plan to launch an exchange in March 2018. At that time, the company was going to purchase a major stake in the trading platform through its subsidiary. The move signals that the internet giant is ready to take a strong footing in the nascent cryptocurrency industry. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street Crypto News share Read Next NZ: Stronger than expected February trade balance – ANZ FX Street 4 years The second largest search engine Yahoo! is set to launch a cryptocurrency exchange in Japan. Initially, the new venture known as Taotao will offer Bitcoin (BTC) and Ethereum (ETH) trading services only, though the range of products will be expanded to Ripple's XRP, Bitcoin Cash (BCH) and Litecoin (LTC). The company has already started onboarding clients. Users may sign up with the exchange to get ready for the launch beforehand and participate in a promotional campaign. According to the information, provided on Taotao's website, 40% of the company's shares belongs to 100% Yahoo! subsidiary Z Corporation Ltd. CMD Lab Inc.… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
