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Bitvavo CEO Mark Nuvelstijn steps down permanently following report linking him to ‘miracle investor’ Max R

  • Bitvavo CEO Mark Nuvelstijn steps down from his role following a report linking him to 'miracle investor' Max R who has been convicted of fraud.
  • Nuvelstijn will not return to an executive role within Bitvavo and his responsibilities will be temporarily taken over by Johan van Olffen.
  • The resignation came after concerns were raised about inaccurate transaction details with Max R, leading to a review and revelations of misleading actions by Nuvelstijn.
  • Bitvavo recently received a MiCA license in the Netherlands, allowing it to offer services across EU member states under a unified regulatory framework.

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