Yuzo Kano, co-founder of Japanese cryptocurrency exchange BitFlyer, plans to reinstate himself as CEO of BitFlyer and guide it through an initial public offering (IPO) as it seeks to end conflicts with current management and other shareholders over control of the company, Bloomberg reported. dispute. Kano, who owns 40 percent of BitFlyer, resigned from the top job after a regulatory crackdown in 2019. Kano said he would present his proposal at a shareholder meeting next month. Currently, Kano is not in charge of BitFlyer, serving as CEO of BitFlyer Blockchain Inc. Foresight News previously reported that on October 2, 2022, according to the Nihon Keizai Shimbun, private equity fund ACA Group abandoned the acquisition of Japanese cryptocurrency exchange BitFlyer.