Japan: E-Commerce Giant Rakuten to Move Crypto Exchange to New Payments Subsidiary

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Japan: E-Commerce Giant Rakuten to Move Crypto Exchange to New Payments Subsidiary Japanese e-commerce firm Rakuten has announced a revision to its corporate restructure, setting up a new payments subsidiary that includes its cryptocurrency business, Cointelegraph Japan reported Jan. 21. Rakuten, known informally as ‘Japan’s Amazon,’ originally revealed in August last year it would seek to reorganize its various offshoots in order to…

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