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Cryptocurrencies

Yahoo Japan to open cryptocurrency exchange

First step to be taken next month -- tie-up with BitARG Exchange Tokyo

Well-funded Yahoo Japan wants to open a big cryptocurrency exchange a little more than a year from now.

TOKYO -- 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.

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