Four of the seven members of the Board of Directors of the Swiss independent organization Crypto Valley Association (CVA) plan to leave their positions. This writes Bitcoin.com.

Oliver Bussman, Vasiliy Suvorov, Rene Hassler and Nicholas Solinger refused to participate in the planned January election to the Board of Directors.

“After two wonderful years at CVA, we believe that it is better, if the next stage of development of the Association will be held under a new perspective”, — reads the statement of the members of Directors.

Previously Council member Soren Fogh touched on the topic of “conflict of interest in the manual” calls for greater accountability and independent audit. The lawyer and former consultant of the Swiss national Bank Hans Kuhn, after studying the state of Affairs in CVA, noted that the current control type is not suitable for Association of this magnitude.

Recall that Crypto Valley Association was established in Zug in March 2017. The main activities of the organization — support and promotion of blockchain projects. At the moment, the CVA has more than 1200 members.

Source