Yahoo Japan plans to launch its own service for the exchange of cryptocurrencies. According to Nikkei, the company next month will acquire a 40 percent stake in BitARG Exchange Tokyo, intending to use BitARG technology at its creation in about a year. BitARG already has a license from Japan’s financial regulator, and its purchase of 40% is estimated at about 19 million dollars. If everything proves to be true, the new crypto-exchange can become one of the largest in Japan, if not itself. Yahoo is a very powerful and serious company, and Yahoo! Japan Corporation is one of the largest and most popular Internet portals in the country.

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