Yahoo! Japanese Cryptocurrency Exchange Taotao Confirms May 30 Launch
Options will include margin trading for five cryptocurrencies, including bitcoin and ether.
The start date brings to a close a year-long process since Yahoo! Japan closed the 40% percent equity deal in the exchange, then called BitARG, in April 2018.
The company paid a rumored 2 billion yen for the stake, which comes amid increasing interest in the Japanese exchange sector.
Taotao had originally planned a market debut in mid-May, but postponed the move at the last minute without stating its motivation.
As Cointelegraph reported, the ongoing cryptocurrency bull market that began in April has fuelled a surge in popularity among new Japanese traders. Last week, several domestic platforms reported up to threefold increases in new account openings.