News

Money Forward to launch crypto-exchange in Japan

Monday 28 May 2018 10:44 CET | News

Money Forward, a Japan-based personal financial management startup, has created a subsidiary in charge of setting up its own cryptocurrency exchange.

Money Forward Financial is set to launch the crypto-exchange by the end of 2018. The company’s plan of action begins by establishing a crypto media platform to dispatch news related to virtual currency and price comparison of domestic and overseas exchange centres.

Concurrent with its mother company’s start in personal finance management, Money Forward Financial plans to expand upon the type of services offered by cryptocurrency exchanges to include a crypto account book that can file data spread across 20 different local and foreign-based cryptocurrency exchanges, as well as a tool to allow users to generate profit and loss data for tax filings. These services would be an extension of a digital asset remittance system based on legal currencies and electronic money.


Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Keywords: Money Forward, crypto-exchange, cryptocurrencies, Japan, crypto account book
Categories:
Companies:
Countries: World





Industry Events