28 Jun '18, 10pm

Japan’s biggest messaging service is opening a cryptocurrency exchange, despite the Bitcoin selloff https://t.co/If3IsEl5kt

LISTEN TO ARTICLE 3:08 SHARE THIS ARTICLE Facebook Twitter LinkedIn Email Line Corp. , Japan’s biggest messaging service, is opening a cryptocurrency exchange next month even amid Bitcoin selloff that’s fueled pessimism over the future of virtual currencies. The exchange, called Bitbox, will offer trading between more than 30 virtual tokens including bitcoin, ethereum, bitcoin cash and litecoin, but not fiat currencies, the Japanese company said at an annual strategy briefing in Tokyo on Thursday. The website will be available in 15 languages to users worldwide, except for those in Japan and the U.S. Bitbox will charge a 0.1 percent trading fee. Chief Executive Officer Takeshi Idezawa laid out a vision of a token-based economy that places blockchain technology at the center of the messengers’s efforts to tie together its various commerce, entertainment and media offerings....

Full article: https://www.bloomberg.com/news/articles/2018-06-28/line-d...

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