Remixpoint Announces Q2 Financial Report: Encrypted Currency Business Operating Loss exceeds 300 million yen

According to the Nikkei News, Remixpoint, the parent company of Japan's cryptocurrency exchange BitPoint Japan, released its financial statements for the second quarter of April 2019 (April-June). The report showed that the final profit and loss for the quarter was a loss of 436 million yen (previous year's profit of 393 million yen). BitPoint Japan's trading volume is sluggish, and business sales related to cryptocurrencies are reduced by nearly 80%. Due to the increase in the cost of system development, the business has incurred operating losses of more than 300 million yen (about 1989 million yuan).