Coinone Overhaul: New CEO Takes Helm as Cha Myung-hoon Steps Down

Coinone has undergone a significant leadership transition, with Cha Myung-hoon stepping down after 11 years at the helm. Lee Sung-hyun takes over as sole CEO, marking a pivotal moment for South Korea’s prominent cryptocurrency exchange. Cha will remain a key shareholder and chairman, focusing on long-term strategy to guide Coinone’s growth. This shift signals an agile operational approach under the new leadership. The official resignation vote is scheduled for August 18, ushering in a new chapter for Coinone.