Topic: [2018-03-23] Yahoo Japan to Launch Cryptocurrency Exchange in 2018, Says Report (Read 251 times)
March 26, 2018, 06:28:36 PM
Sounds cool. The more exchangers we have, the more sustainable the market is
March 26, 2018, 07:34:25 AM
Interesting. Before reading this article I wasn't aware of the fact that there's Yahoo! Japan Corporation which is actually independent from the Yahoo! we know and shares only its name and some design. It has emerged that Yahoo! Japan is the most popular website in Japan apart from google.co.jp which is used only like search engine. It's good they are going to launch their own cryptocurrency exchange, because it means they think there is a future for cryptos.
Nice catch, indeed they are not the same company.
https://www.japantimes.co.jp/news/2012/04/24/reference/yahoo-japan-same-name-very-different-company/#.WrjaUYhuaUk
It is definitely a good news since media definitely will pick up on this because of the "Yahoo"
March 26, 2018, 06:45:11 AM
Great news that gonna increase bitcoin’s and all crypto’s price.
This is one of the biggest Japanese internet company and they are establishing a new one crypto exchange, that is definitely would be a role model for every exchange! No doubt, Japan is integrating crypto really fast, so that’s why they gonna lead this sphere.
Well, I agree with you in general. it is true that Japan has great confidence in digital currencies and especially Bitcoin, Furthermore, It always gives a great effort to improve the era of cryptocurrency in different ways, and this new project "Cryptocurrency Exchange" is a good step for the evolution of this field.This is one of the biggest Japanese internet company and they are establishing a new one crypto exchange, that is definitely would be a role model for every exchange! No doubt, Japan is integrating crypto really fast, so that’s why they gonna lead this sphere.
In addition to that, unfortunately, that does not lead to much improvement in the value of Bitcoin and other currencies because it is one of the few countries that recognize the era of crypto and make a new project. But the majority of countries wants to destroy this era, through many bad attempts like "google banning crypto ads" and Facebook..., and this leads to a decrease in the value of many digital currencies.
Hope that everything will change for the better in the near future.
Ye, right now this news has no strong impact on bitcoin's price cause market is too weak and unstable. A lot of negative news that stopping the growth of the cryptocurrency, but I think it isn't for a long, at the end of the April we will see continued growth and new highs.
March 25, 2018, 05:32:06 PM
Yahoo Japan is planning to launch its own cryptocurrency exchange, a report indicates. According to Nikkei Asian Review, the Japanese internet firm will take a 40 percent stake in BitARG Exchange Tokyo next month, with a plan to build a new exchange using BitARG technology in approximately a year's time.
This is a good news about the cryptocurrency exchange, I always hear that Japan support too much cryptocurrencies and especially bitcoin. It's really a great country which think about the future, to be more specific about money development. I am very amazed about that and I hope more countries will start to support crytpo this year, that will help Bitcoin and other altcoins to grow more. 
March 25, 2018, 08:38:43 AM
Every time I come to this section and read about Japan's news concerning cryptocurrency, I do nothing but salute and show my grateful respect (not literally). Japanese people are really smart and hard workers. I do not think recognizing cryptocurrency was done arbitrarily. They really know what to do unlike India and China. On the other hand, Japan has never failed to make me show signs of amazement and euphoria. Keep it up, Japan! Cryptocurrencies need people like you.
March 25, 2018, 06:44:25 AM
Great news that gonna increase bitcoin’s and all crypto’s price.
This is one of the biggest Japanese internet company and they are establishing a new one crypto exchange, that is definitely would be a role model for every exchange! No doubt, Japan is integrating crypto really fast, so that’s why they gonna lead this sphere.
Well, I agree with you in general. it is true that Japan has great confidence in digital currencies and especially Bitcoin, Furthermore, It always gives a great effort to improve the era of cryptocurrency in different ways, and this new project "Cryptocurrency Exchange" is a good step for the evolution of this field.This is one of the biggest Japanese internet company and they are establishing a new one crypto exchange, that is definitely would be a role model for every exchange! No doubt, Japan is integrating crypto really fast, so that’s why they gonna lead this sphere.
In addition to that, unfortunately, that does not lead to much improvement in the value of Bitcoin and other currencies because it is one of the few countries that recognize the era of crypto and make a new project. But the majority of countries wants to destroy this era, through many bad attempts like "google banning crypto ads" and Facebook..., and this leads to a decrease in the value of many digital currencies.
Hope that everything will change for the better in the near future.
March 25, 2018, 06:15:31 AM
I don't know if it's a good development having non crypto parties get involved in the crypto world, but this at least shows that Japan is not just a country embracing crypto, but it's almost the center of the demand.
This is the type of freedom all involved parties need to have, and that directly contributes to growth. Japan is quite smart, because this will help them tremendously increase their tax income.
Good thing however is that at current stage in crypto, especially on country level, it's almost impossible to be too late to join the party due to the local crypto economies. We need to have patience. More countries will join.
It's unavoidable, the crypto world is a multi-billion dollar industry. Latecomers will never earn as much as these early adopters and in Japan we have seen how far they are in integrating crypto within their system. Once again, the crypto revolution can't be denied anymore hence they get onbard This is the type of freedom all involved parties need to have, and that directly contributes to growth. Japan is quite smart, because this will help them tremendously increase their tax income.
Japan has already a pretty solid first mover advantage, and if other countries don't follow soon, they'll be left behind even further. 
First mover advantage is crucial. It also shows when we look at how CBOE, a much smaller platform, greatly outperforms the much larger CME that came in as second. The first eats the best fruits, the second eats leftovers. Good thing however is that at current stage in crypto, especially on country level, it's almost impossible to be too late to join the party due to the local crypto economies. We need to have patience. More countries will join.
March 25, 2018, 06:10:56 AM
Very inspiring news for the cryptocurrency world. Hope they will deliver a high quality and time consuming service. Honestly, Japan is doing a smart job as this procedure will help them to increase their tax income enormously.
March 24, 2018, 10:39:05 PM
No wonder Japan is one of the progressive countries because they can see an opportunity ahead while other countries are still contemplating if they are going to ban cryptocurrency or not. They have the first mover advantage and ever since they welcome crypto with open arms, it seems things are going where it should be and the progress continues. They will be seen as the model country and eventually other countries would follow suit. South Korea is following Japan and I hope they would be as open as them as well. As for the exchange, the more the merrier. The more choices for the traders and it would be good to add another reputable exchange.
March 24, 2018, 09:33:14 PM
Really no surprises as all if we see Japan + crypto. in one sentence. Just proves that they are really carrying the torch as far as moving the crypto market.
I'm sure that Yahoo Japan see's big opportunities to take a slice on the large pie, so it really make sense to join the bandwagon and get a good head start. I think this could bring a positive impact to the market to a certain level.
I can't say anymore, let's see how it pans out and as welcoming news always coming from Japan.
I'm sure that Yahoo Japan see's big opportunities to take a slice on the large pie, so it really make sense to join the bandwagon and get a good head start. I think this could bring a positive impact to the market to a certain level.
I can't say anymore, let's see how it pans out and as welcoming news always coming from Japan.
March 24, 2018, 12:03:10 PM
Interesting. Before reading this article I wasn't aware of the fact that there's Yahoo! Japan Corporation which is actually independent from the Yahoo! we know and shares only its name and some design. It has emerged that Yahoo! Japan is the most popular website in Japan apart from google.co.jp which is used only like search engine. It's good they are going to launch their own cryptocurrency exchange, because it means they think there is a future for cryptos.
Surprising that you didn't know about the existence of Yahoo. It's good news, but it's only relevant to Japan. The problem is that most Japanese exchanges do not provide an opportunity to register residents of other countries. Also they have problems with the translation of Fiat. Most often they use Bank transfers that are very expensive and suitable for moving large sums.Read what you are quoting!
I wasnt aware that Yahoo! Japan Corporation was seperate to Yahoo.
Anyway personally I think this is great news in general because ATM we need positivity.
It shiws they see a big potential for their investment, something we all will benefit from.
Thank you, cynical! You've saved me from fighting the warrior.
Of course I'm aware of the existence of Yahoo. Who isn't? But the fact that after the Verizon's acquisition of Yahoo! Inc's Internet business Yahoo! Japan Corporation became independent is interesting imo and a bit surprising. And yes we need positive news like this because they do affect the price and lead to wider adoption of cryptocurrencies.
March 24, 2018, 10:57:43 AM
While competition amongst exchanges is good, there seem to be a lot of companies who have no connection to cryptocurrencies or to trading trying to set up crypto exchanges. Running an exchange is definitely not child’s play. Some companies might be doing it because it boosts their valuations, but I don’t think that is the case with Yahoo Japan. There definitely will be some consolidation in this space in a year’s time.
I totally agree with you here, competition is always healthy. However, I feel like these Big corporations are trying their hardest to get into the crypto space, but from a safe distance, because of the uncertainty surrounding the industry. For example alibaba and google talking about their own blockhain platform, but not actually wanting to directly support the existing ones. With this Yahoo Japan project, honestly they wouldn't have much to lose as they are just "middlemen" which are same for almost all other exchanges. I would be nice for once for these corporations to admit the future and importance of the current existing blockchain tech and crytpocurrencies, and support it, to bring back the market to a confident state. All i see here is big corps, continuing the capitalist wheel, to get their own slice of the cake.
March 24, 2018, 04:18:28 AM
Interesting. Before reading this article I wasn't aware of the fact that there's Yahoo! Japan Corporation which is actually independent from the Yahoo! we know and shares only its name and some design. It has emerged that Yahoo! Japan is the most popular website in Japan apart from google.co.jp which is used only like search engine. It's good they are going to launch their own cryptocurrency exchange, because it means they think there is a future for cryptos.
Surprising that you didn't know about the existence of Yahoo. It's good news, but it's only relevant to Japan. The problem is that most Japanese exchanges do not provide an opportunity to register residents of other countries. Also they have problems with the translation of Fiat. Most often they use Bank transfers that are very expensive and suitable for moving large sums.Read what you are quoting!
I wasnt aware that Yahoo! Japan Corporation was seperate to Yahoo.
Anyway personally I think this is great news in general because ATM we need positivity.
It shiws they see a big potential for their investment, something we all will benefit from.
March 23, 2018, 07:50:58 PM
Interesting. Before reading this article I wasn't aware of the fact that there's Yahoo! Japan Corporation which is actually independent from the Yahoo! we know and shares only its name and some design. It has emerged that Yahoo! Japan is the most popular website in Japan apart from google.co.jp which is used only like search engine. It's good they are going to launch their own cryptocurrency exchange, because it means they think there is a future for cryptos.
neither did I, what a surprise. I thought that it's just a geaographical unit, no more
March 23, 2018, 07:01:13 PM
I understand a desire to run your own crypto exchainger. But, as we know, you need to be tough to run it successfuly
March 23, 2018, 06:35:23 PM
The Nikkei Review is usually quite accurate. But interestingly, bitARG specifically refuted this report. The exchange apparently has not agreed to any deal yet.
I wouldn't say that. We're talking about large conglomerates and holding companies. Yahoo Japan already owns a forex transaction platform -- that's where the investment is coming from. They want a piece of the cryptocurrency market now that it's being legitimized and want to leverage the already existing FSA license. Makes sense to me.
While competition amongst exchanges is good, there seem to be a lot of companies who have no connection to cryptocurrencies or to trading trying to set up crypto exchanges.
I wouldn't say that. We're talking about large conglomerates and holding companies. Yahoo Japan already owns a forex transaction platform -- that's where the investment is coming from. They want a piece of the cryptocurrency market now that it's being legitimized and want to leverage the already existing FSA license. Makes sense to me.
March 23, 2018, 06:12:49 PM
Japan having a legal support for all sort of virtual currency usage easily helps in implementation of digital currency related business. Now one of the top player yahoo entering into cryptocurrency with the development of an exchange doesn't seems big. But, the contribution made by these top players will help in the overall growth of cryptocurrency.
March 23, 2018, 05:55:47 PM
I don't know if it's a good development having non crypto parties get involved in the crypto world, but this at least shows that Japan is not just a country embracing crypto, but it's almost the center of the demand.
This is the type of freedom all involved parties need to have, and that directly contributes to growth. Japan is quite smart, because this will help them tremendously increase their tax income.
Good thing however is that at current stage in crypto, especially on country level, it's almost impossible to be too late to join the party due to the local crypto economies. We need to have patience. More countries will join.
This is the type of freedom all involved parties need to have, and that directly contributes to growth. Japan is quite smart, because this will help them tremendously increase their tax income.
Japan has already a pretty solid first mover advantage, and if other countries don't follow soon, they'll be left behind even further.
First mover advantage is crucial. It also shows when we look at how CBOE, a much smaller platform, greatly outperforms the much larger CME that came in as second. The first eats the best fruits, the second eats leftovers. Good thing however is that at current stage in crypto, especially on country level, it's almost impossible to be too late to join the party due to the local crypto economies. We need to have patience. More countries will join.
March 23, 2018, 02:05:40 PM
It is very good to read news like these, and sincerely hope they provide a high quality service and show all exchange how it should work, Most exchange has lack of respect and has poor quality of services and many customers lose money all days because there is no person to answer your support tickets... this situation is very bad.
We constantly hear people saying, 'Never leave bitcoin or altcoins in the exchange', it only shows that all people do not trust exchange, but this situation should change in the future and governments should inspect and demand that exchange provide better services
We constantly hear people saying, 'Never leave bitcoin or altcoins in the exchange', it only shows that all people do not trust exchange, but this situation should change in the future and governments should inspect and demand that exchange provide better services
March 23, 2018, 12:29:52 PM
People shouldn't be surprised about this. Japan's regulatory system allows businesses to become active and productive in the crypto field, which isn't exactly possible in other countries due to how stupid and slow they are. If all countries for once stop being so freaking stubborn and pathetic, not only crypto will thrive, but also their regular economy. Bitcoin alone at some point will have a multi trillion dollar market cap, and that's without the rest of the crypto market. Japan has already a pretty solid first mover advantage, and if other countries don't follow soon, they'll be left behind even further.
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