More than half of the members of Switzerland’s Crypto Valley Association (CVA) board have announced their decision to step down in January. The news comes after reports about governance issues and allegations of conflicts of interest in the leadership of the growing organization.
Four CVA Board Members to Step Down
In a joint statement sent to CVA members, the board’s president Oliver Bussmann and three other members – vice-president Vasiliy Suvorov, the board’s secretary and treasurer René Hüssler, and Nicolas Schobinger – announced they will not be standing for re-election next month, Swissinfo reported. All of them have been in the governing body since the establishment of the association in January of last year. The statement reads: