The new cryptocurrency platform called TaoTao, which is supported by the Yahoo Japan Internet company, will begin its work on Thursday, May 30th. – the company announced on its Twitter.
"We made you wait", says tweet, citing the fact that the exchange has been in development for over a year.
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Launch of TaoTao online platform
A new crypto exchange will launch its online platform along with a mobile application and will offer Bitcoin and Ethereum tradingTrading
– is an economic term that means the process of independent trade, independent analysis of the market and the conclusion of trade transactions.Details. TaoTao, licensed by the Japanese FSA, will provide credit support to interested traders with three additional options: XRP, Litecoin and Bitcoin Cash. The stock exchange website states that Yahoo Japan owns 40% of the shares, and CMD Lab Inc. owns 60%.
In early 2018, Yahoo Japan acquired a 40% stake in Taotao, formerly known as BitARG.
The official launch of the TaoTao crypto platform will take place on May 30th. Since very few crypto-exchanges are licensed by the FSA, TaoTao can have a positive impact on crypto-markets in Japan.
Editor: Yuliya Soroka