Crypto Exchange OKEx Refuses to Bow to Pressure to Delist Bitcoin SV (BSV) - CryptoGlobe

On Tuesday (April 16), Malta-based cryptocurrency exchange OKEx announced that it had decided not to delist Bitcoin SV (BSV) "for the time being."

When it comes to Bitcoin SV, Monday (April 15) was one of the most news-packed days in crypto land. Here are some of the main highlights:

• Binance announced that it had decided to delist Bitcoin SV:

#Binance Will Delist $BCHSVhttps://t.co/15eZYc7wan pic.twitter.com/R3X389ZfM6

— Binance (@binance) April 15, 2019

• Kraken created a Twittter poll to find out what percentage of the crypto community wanted it to delist Bitcoin SV:

Should Kraken delist Bitcoin SV (BSV)? #delistbsv

— Kraken Exchange (@krakenfx) April 15, 2019

• ShapeShift CEO Erik Voorhees said that his exchange had decided to show solidarity with Binance by also delisting Bitcoin SV:

We stand with @binance and CZ's sentiments. We’ve decided to delist Bitcoin SV #BSV from @ShapeShift_io within 48 hrs.

— Erik Voorhees (@ErikVoorhees) April 15, 2019

• Recently-founded BSV-based cryptocurrency exchange FloatSV, which was created in partnership with OKEx, announced that it was going to launch by April 19:

It's time. Launch of https://t.co/tLf3MVoGZ6 will be before Friday, April 19th. #floatsv #bsv pic.twitter.com/H3lcD9lcB9

— FloatSV (@FloatSVcom) April 15, 2019

• Bitcoin SV advocate Calvin Ayre comemnted on the timing of the launch of the FloatSV exchange:

yup....this is a good time to open a Bitcoin SV exchange...just when one of the largest in Asia has kicked all the BSV customers to the curb over petulance. Business in a box :-) https://t.co/PgTE9jqtHg

— Calvin Ayre (@CalvinAyre) April 15, 2019

• Tyler Winklevoss, Co-Founder and CEO of the Gemini exchange reminded everyone that Gemini had never listed Bitcoin SV and that's why it had nothing to announce regarding a possible delisting of Bitcoin SV:

JUST IN: @Gemini never listed $BSV in the first place.

— Tyler Winklevoss (@tylerwinklevoss) April 15, 2019

And then around 04:45 UTC on April 16, we got the following tweets from OKEx to explain why it had decided not to delist Bitcoin SV (at least not for now):

Considering that Bitcoin SV (BSV) has been delisted from several exchanges recently, OKEx has conducted a rigorous review on BSV in terms of technology development, liquidity, and compliance.https://t.co/X0Gzs18Ir0

— OKEx (@OKEx) April 16, 2019

According to the OKEx Token Delisting and Hiding Guideline (https://t.co/DzhKdbBxzn), BSV currently does not meet our delisting criteria. As such, OKEx has no intention to delist BSV for the time being.

— OKEx (@OKEx) April 16, 2019

As a neutral platform, OKEx respects the efforts of all dedicated teams in advancing the technology of Bitcoin and has no inclination to certain technical directions.

— OKEx (@OKEx) April 16, 2019

Featured Image Courtesy of OKEx

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https://www.cryptoglobe.com/latest/2019/04/crypto-exchange-okex-refuses-to-bow-to-pressure-to-delist-bitcoin-sv-bsv/

2019-04-16 07:00:00Z
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