Kyoto based Japanese financial services giant SBI Holdings will delist Bitcoin Cash (BCH) from its cryptocurrency exchange in June 2019, sources from Japan reports on April 16.
Strategic Business Innovator Group’s cryptocurrencies has now officially announced its plans to delist bitcoin cash a cryptocurrency developed from a hard fork of Bitcoin [BTC].
Bitcoin cash is the first hard fork of the major cryptocurrency, designed and developed in August 2017. Whereas, Bitcoin SV is a hard fork form of bitcoin cash, and is piloted by Craig Wright, the self-proclaimed developer of bitcoin.
Despite the cryptocurrency market a situation, the move comes in between the news of various major big names in the crypto space delisted BSV. On April 15, one of the largest cryptocurrency exchanges by trading volume Binance’s CEO and Founder Changpeng Zao officially announced it will delist BSV and stop trading on all trading pairs for BSV as of April 22.
Changpeng Zhao warned that he will delist Bitcoin Satoshi Vision (BSV) if the founder of the altcoin Craig Wright does not stop faking that he is the real Satoshi Nakamoto - allegedly the developer of first generation cryptocurrency, in a tweet published on April 11 on his Twitter handle.
The crypto community expressed their support to CZ’s warning by encouraging other exchanges to delist BSV and they even conducted social media protest and circulated tweets with a #DelistBSV hashtag.
Crypto community people did not believe Wright’s claims which in turn earned him the nickname “faketoshi.” WikiLeaks, an international non-profit organisation that publishes secret information called him “a proven serial forger of documents claiming that he is the inventor of Bitcoin.”
Earlier in November 2018, CEO and representative director of SBI Holdings, Yoshitaka Kitao, has criticized bitcoin cash’s hard fork. According to the sources, Kitao apparently has a connection with the BSV founder, with Wright having disclosed their close relationship in a tweet in January. The tweet revealed that Wright and Kitao spent time together, and claimed that he treats Kitao as “a friend and man I respect a lot.”