The Japanese Crypto Exchange TaoTao will soon begin trading from 30th May 2019. This info comes from the platform’s official Twitter handle. Popular search engine Yahoo owns 40% of TaoTao. As per hearsays, the company has invested a massive $2 billion dollar for TaoTao. The exchange will support trading of Bitcoin, Ether, Litecoin, XRP and bitcoin cash.

Though TaoTao will begin its trading, it has to adhere to Japanese trading regulatory bodies. Recently, Japans’ financial regulators have tightened the regulations on crypto trading. This is to deal with money laundering incidents and the exchange hacks. In the upcoming World Economy (G20 2019) in Osaka scheduled for June 2019, Japan will address about crypto guidelines and Initial Coin Offerings.

Originally, TaoTao had plans to launch earlier this month. However, for unknown reasons, it postponed the launch date to 30th May.