Yahoo Japan to buy minority stake in cryptocurrency exchange

hubtechinfo (37)in #cryptocurrency • 7 years ago

Yahoo Japan Corp (4689.T) said on Friday it would buy a minority stake in a Tokyo-based cryptocurrency exchange, becoming the latest major Japanese financial services provider to shrug off security concerns and join the digital money industry.

Yahoo Japan.JPG

Yahoo Japan did not give details of the value of the investment. But a person familiar with the matter said it would likely total 2 billion to 3 billion yen (13.06 million pounds to 19.59 million pounds).

Shares in Yahoo Japan closed down 0.2 percent, against a 0.6 gain for the benchmark Nikkei average.

The deal comes after Japanese online brokerage firm Monex Group Inc sai

#yahoo #japan #bitcoin #crypto

7 years ago in #cryptocurrency by hubtechinfo (37)

$0.00

3 votes

Sort:

Trending

[-]

steemcleaners (83) 7 years ago

Hello,

Copying/Pasting full texts without adding anything original is frowned upon by the community.

These are some tips on how to share content and add value:

Using a few sentences from your source in “quotes.” Use HTML tags or markdown ">" before the quote.
Linking to your sources.
Include your own original thoughts and ideas on what you have shared.
It is recommended that the quotes should not cover more than 50% of the whole post. At least 50% of the content should be original.

Repeated copy/paste posts could be considered spam. Spam is discouraged by the community, and may result in action from the cheetah bot.

If you are actually the original author, please do reply to let us know!

More Info: Abuse Guide - 2017.

If you reply to this comment directly, we may not notice your response.
It is recommended to contact us in our Discord Channel, instead.

Thank you.

$2.01

3 votes