Yahoo Japan to Launch its cryptocurrency exchange despite the fact Binance is having conflicts with FSA

Japan has always been known as the country that exemplifies what technology should look like in the present day and even the future. Yahoo Japan plans to partner with BitARG Exchange to develop a new crypto exchange platform. This is coming only a few days after Binance, the largest cryptocurrency exchange was issued with a shutdown, or criminal risk charges notice if it does not acquire a license to operate in the country. The Financial Services Agency has been tightening its grip on cryptocurrency companies, coins and activities.
According to Nikkei Asian Review:
“In a move that may touch off a realignment in the cryptocurrency exchange business, Yahoo Japan next month will acquire 40% of operator BitARG Exchange Tokyo, then launch a full-blown exchange in April 2019 or later.”
Another quote reads:
“Starting next month, YJFX executives and engineers will be dispatched to BitARG, where they will spend about a year developing the new exchange system. They will also work on a corporate governance structure, a customer management system and internal controls.”