The Japanese exchange SBI Virtual Currencies will delist Bitcoin Cash (BCH) in June Cointelegraph reports.
It is noteworthy that SBI won't delist Bitcoin SV, which will be delisted by Binance and ShapeShift.
Among the main reasons for the delisting of the exchange called the decline in market capitalization of Bitcoin Cash. Also, representatives of the marketplace are convinced that BCH has recently become more at risk of an “attack of 51%.”
This material is not part of the rules for the management system of virtual currency related information of Japan Virtual Currency Exchange Business Association.
In addition, AMB Crypto reports that SBI is dissatisfied with the consequences of hard forks, as a result of which the BSV asset appeared, and Bitcoin Cash cryptocurrency itself has lost a significant part of its value in a short time.
Some users of social networks have expressed the opinion that the true reason for delisting Bitcoin Cash lies in the partnership of the management of the exchange with the company nChain, where Craig Wright, who supports Bitcoin SV, works.
Large exchange OKEx decided not to delist Bitcoin SV too. Moreover, until April 19, the launch of the FloatSV cryptocurrency exchange, created in partnership with OKEx, is expected to be launched, the main asset of which will be Bitcoin SV.