SBI Virtual Currencies in Japan has de-listed Bitcoin Cash in response to Binance action of Bitcoin SV
|- Bitcoin Cash and Bitcoin SV indirect wars continue between exchanges with the delisting action being taken.
- SBI Virtual Currencies took action on Bitcoin Cash (BCH) after Binance delisted Bitcoin SV (BSV).
SBI Virtual Currencies, a licensed cryptocurrency exchange based in Japan has announced delisting Bitcoin Cash (BCH), following the move which was taken by the world’s largest exchange by traded volume, Binance, in its delisting of Bitcoin SV (BSV) by Binance.
Market players are strongly suggesting that the Japanese exchange’s, SBI, has close ties to the BSV camp, which is why they made the knee-jerk response to giving Bitcoin Cash (BCH) the virtual boot from its exchange.
It was detailed today within an SBI press release, which was translated from Japanese, the exchange announced that the “schedule for the abolition” of Bitcoin Cash is proposed to take place at the end of the month. However, the date of withdrawal for the same is “planned” for June.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.