BitFlyer Co-Founder Kano to Return as Japanese Crypto Exchange’s CEO
- Kano has said he’ll seek to take crypto exchange public
- Return to top post follows dispute over ownership, management
Yuzo Kano
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BitFlyer Holdings Inc.’s board reappointed co-founder Yuzo Kano as chief executive officer, putting him back in charge of Japan’s biggest cryptocurrency exchange after a dispute over the startup’s ownership and management.
The move followed a shareholders meeting on Thursday, when Kano’s proposal for a change in leadership was approved, confirmed Naoto Hida, a spokesman for Tokyo-based BitFlyer. Kano owns 40% of BitFlyer and stepped aside from the top role in 2019 after a regulatory crackdown.