Rakuten officially launches cryptocurrency exchange

Crypto exchange Rakuten Wallet, a subsidiary of Japanese e-commerce giant Rakuten, has launched.

Spot trading of three cryptocurrencies - Bitcoin, Ethereum and Bitcoin Cash - is now live. Plans are afoot to release an app for iOS and Android, use of which will be mandatory for deposits and withdrawals.

Rakuten acquired Everybody’s Bitcoin in August 2018 for $2.4 million. And it then announced an April 2019 launch date for Rakuten Wallet, but progress stalled.

Further details here.

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