The move takes place against the background of news about several large cryptocurrency platforms excluding BSV. Kraken will disable BSV deposits on April 22, trading will be stopped on all trading pairs on April 29 and, finally, withdrawals will stop on May 31. Expressing his views on Twitter, Luke Martin, the famous crypto trader, and analyst tweeted that majority of the crypto exchanges follow Binance. As per the exchange, the reviews are normally aimed at ensuring that all assets continuously comply with set standards. There is also a consideration for the project's network stability, public communication and overall receptiveness towards due diligence requests.
As with all things cryptocurrency, there are complications.
But it is clear that the action of Binance CEO of delisting BSV is the affirmation of his previous statements and threats to the Craig Wright and this action is more personal than technical.
In fact, Wright took the disagreement a notch higher by announcing a bounty meant to help unmask hodlonaut.
Although Edwards said he doesn't believe Wright was Satoshi, he pointed out that there are enough smart people behind BSV to make it a worthwhile project.
He continued that if the Australian cryptographer is the person he claims to be, then he could simply prove it by "digitally [signing] any message".
Specifically, ShapeShift's CEO Erik Voorhees has since also announced that Bitcoin SV will be delisted from that platform as well. OKEx, the leading global Bitcoin exchange, was considering delisting BSV, but after a rigorous review, it was made a decision to keep the currency.
Kraken joins Binance and ShapeShift, chooses to delist Bitcoin SV.
Furthermore, there is a very real possibility that more cryptocurrency exchanges will follow suit. Never borrow money to invest in cryptocurrencies. Do your research and consult an investment professional before investing.