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❕NEWS Founder of BitFlyer Aims to Restore Stability to Crypto Exchange Amid Turmoil

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ammu40

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BitFlyer Holdings' co-founder, Yuzo Kano, who stepped down from the role of CEO in 2019, plans to return as CEO, stating his proposal to shareholders next month. Kano, who owns 40% of BitFlyer, wants to guide the firm to an initial public offering after a deal to sell the exchange was scrapped last year, he suspects as part of an attempt to push him out. In 2018, Japan's Financial Services Agency ordered BitFlyer to adopt more stringent anti-money laundering measures, leading Kano to step aside. Kano wants to introduce stablecoins and building a token-issuance operation, and potentially open up its Miyabi blockchain technology to the public to enhance the business.
 
Most likely this is nothing more than a PR stunt. I draw this conclusion from what is written in this topic on our resource https://www.beermoneyforum. com/threads/founder-of-bitflyer-aims-to-restore-stability-to-crypto-exchange-amid-turmoil.372316/
They will now take various measures to attract even more users to their site.
 
I have seen the exchange but it does not looks great to the average eye for example there was an exchange named crex24 that had low deposit and withdraw via fiat methods and another coinex where there many coins were listed that were unique they have nothing unique and their website is just average indeed in quality terms .
 
Most likely this is nothing more than a PR stunt. I draw this conclusion from what is written in this topic on our resource https://www.beermoneyforum. com/threads/founder-of-bitflyer-aims-to-restore-stability-to-crypto-exchange-amid-turmoil.372316/
They will now take various measures to attract even more users to their site.
Exactly, I see this more of a bait too. They may want traffic to their websites, thereby bringing up with this idea. Though, on a normal instance, there is no central body that's capable of bringing stability to cryptocurrency because crypto is not meant to be stable.
 
Crypto definitely is never a stable quantity and those believe it is have to know bitcoin had fallen about 22% in a day last year so there is this much difficulty possible in actual crypto because it may fall any amount at any time actually indeed .
 
I think In coming years , cryptocurrency most especially Bitcoin might reach that potential many want to see it reach. Although it might take time to get to the desired expectations , but I believe that certainly it would get there
 
yes it is possible but it definitely is not a linear task and a lot of things will need to happen in a positive manner everything that happens is according to the markets and they are heavily impacted by world events for now things are better at the moment.
 
I'm not sure if stability can be achieved in the cryptocurrency ecosystem because all the volatile nature of the activities that are on going there. Every sector relaxing platform can only come up with new ideas that can improve the ecosystem not to stabilize it.
 

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