SBI Delists BCH and Keeps BSV Amid Major Crypto Exchanges Delisting BSV
Helen Partz's original article for cointelegraph.com reduced by 46%
Japanese financial services giant SBI Holdings will delist bitcoin cash from its virtual currency exchange in June 2019, Cointelegraph Japan reports on April 16. SBI Virtual Currencies has now officially announced its plans to delist bitcoin cash, while keeping support for bitcoin satoshi vision - a cryptocurrency created from a hard fork of bitcoin cash. Bitcoin cash is the first hard fork of major cryptocurrency bitcoin, which was created in August 2017.
The move comes amid news of several major crypto trading platforms delisting BSV. Yesterday, top exchange Binance officially announced it will delist BSV and cease trading on all trading pairs for BSV as of April 22. Binance's delisting followed arguments in the crypto community, with Binance CEO Changpeng Zhao having warned that he will delist bitcoin SV if Wright does not stop claiming that he is the real Satoshi Nakamoto.
In response, the crypto community on Twitter has reacted to CZ's warning by asking various exchanges to delist BSV and launching a #DelistBSV hashtag. At press time, bitcoin cash, the fifth-top cryptocurrency by market cap, is up 5.5% over the past 24 hours, trading at $314, while BSV has dropped more than 21% on the day, trading at $55, according to data from CoinMarketCap.
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