Binance and ShapeShift #DelistBSV; Kraken and Others Under Pressure

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Following last week’s threat to do so, Binance has officially announced that Bitcoin SV will no longer trade on its popular platform as of April 22nd. Withdrawals must be made from the platform by July 22nd, according to an official post.

The reasons cited by Binance are “officious” in nature, but the community is fully aware this is related to Chenpeng Zhao’s annoyance at the antics of Craig Wright and Calvin Ayre, the most notable proponents of Bitcoin SV. Officially, the exchange lists several possible factors:

Commitment of team to project Level and quality of development activity Network / smart contract stability Level of public communication Responsiveness to our periodic due diligence requests Evidence of unethical / fraudulent conduct Contribution to a healthy and sustainable crypto ecosystem

The last part is probably where