Japanese exchange Taotao to launch on May 30

Japan-based cryptocurrency exchange Taotao has announced it will launch services on May 30. Although the company originally planned to go live in mid-May, the launch was postponed on May 16.

Cointelegraph writes, internet giant Yahoo! Japan has a 40 percent stake in the company. Yahoo! Japan closed the deal in April 2018, allegedly paying 2 billion yen for the company which was formerly called BitARG.

The exchange will initially offer to trade for bitcoin and ether. Additionally, margin trading will be available for litecoin, XRP and bitcoin cash.