The exchange joins Binance and ShapeShift in delisting the token, which will no doubt hurt the token. The company referred to Wright’s actions and the litigation against the exchange by the token’s supporters, saying in the blog post,
Over the last few months, the team behind Bitcoin SV have engaged in behaviour completely antithetical to everything we at Kraken and the wider crypto community stands for. It started with fraudulent claims, escalating to threats and legal action, with the BSV team suing a number of people speaking out against them. The threats made last week to individual members of the community were the last straw.
The price of the Bitcoin Cash SV token has declined since the whole incident surrounding Hodlonaut, and the cryptocommunity has banded together in their defense of the latter. Morgan Creek co-founder and bitcoin pproponen, Anthony Pompliano, had earlier called on exchanges to delist the BSV token on May 1, and it looks like exchanges are heeding the call.
Binance has also delisted the token, after CEO Changpeng Zhao asked Craig Wright to show some restraint or else risk having the token delisted.
US financial giant Wells Fargo is developing a US dollar-linked stablecoin that will run on the firm’s first blockchain platform. The so-called Wells Fargo Digital Cash is planned to facilitate internal cross-border settlements
The country’s Minister of the Economy and Finance, Bruno Le Maire, said in new comments that Libra threatens the “monetary sovereignty” of governments
The largest crypto exchange by volume is making its U.S. debut next week.
The Gemini exchange is launching an institutional-grade crypto custody solution, according to an announcement Tuesday.