Executive Director Hiroshi Goto Resigns from Coincheck

TMonex Group, Inc., a Tokyo-based financial services company that operates retail brokerages TradeStation, Monex, Boom Hong Kong, and cryptocurrency Exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv Read this Term Coincheck, announced two key changes to its subsidiaries this Monday.

Effective from June 30 this year, Hiroshi Goto, a former executive director of Cryptocurrency Exchange Cryptocurrency Exchange A cryptocurrency exchange is an online platform that supports the exchange of various currencies for a cryptocurrency or digital asset.Comparable to a generalized financial exchange, a crypto exchange’s core function is to permit and encourage the buying and selling of cryptos.This is accomplished by producing a stable trading environment suitable for traders nested through different locations around the world. Sometimes a crypto exchange may be referred to as a digital currency exchange (DCE) f A cryptocurrency exchange is an online platform that supports the exchange of various currencies for a cryptocurrency or digital asset.Comparable to a generalized financial exchange, a crypto exchange’s core function is to permit and encourage the buying and selling of cryptos.This is accomplished by producing a stable trading environment suitable for traders nested through different locations around the world. Sometimes a crypto exchange may be referred to as a digital currency exchange (DCE) f Read this Term Coincheck, has resigned, the group revealed in its statement today.

However, Goto will not be leaving the Monex Group completely. Instead, he has been appointed as an executive director and Head of Operations division at retail brokerage Monex, Inc.

Coincheck made headlines across the world when it experienced one of the largest cryptocurrency hacks in the world, which saw the exchange lose more than $500 million in cryptocurrency.

After the hack, the exchange ceased many of its operations. However, after being acquired by Monex for $33.5 million (360 million yen), the firm has slowly begun to recommence operations, and in January of this year, it was registered as a cryptocurrency exchange with the Kanto Financial Bureau.

The resignation of Goto from Coincheck follows on from a series of changes at the crypto firm. As Finance Magnates reported, Takeshi Tamaki, who was an outside director for the crypto company, resigned, effective from June 20, 2019.

Nobukazu Takahashi, who has been appointed as an outside director, replaced Tamaki. Previously, Takahashi was not employed by Coincheck.

Changes at Monex, Inc.

Goto joins Monex, Inc. after it too has been going through a series of changes. On the 22nd of June this year, the retail broker lost Executive Director Harumi Katsumata, who resigned from his position.

Shoji Kuwashima also resigned from his post as Managing Director and Senior Advisor of Monex Inc. Instead, he remains as a Managing Director, Vice Chairman, Executive Officer and Chief Quality Officer of Monex Group.

Katsuki Mandia was also named as a Managing Director and Vice President of the retail broker, Seji Sakuma took on the additional role of Managing Director, as did Kiminori Kaneko.