Why Did Japan’s SBI Just Delist Bitcoin Cash? Potential Factors

SBI Virtual Currencies has reportedly delisted Bitcoin Cash (BCH) pairs from its trading platform.

The Japan-based cryptocurrency exchange today issued a notice in which it clarified the basis of removing BCH-enabled instruments. It explained that the Bitcoin Cash as a blockchain project had deviated from its core business philosophy. SBI added that Bitcoin Cash in its current version was an unsuitable listing for them, which could put their customers’ investment security at risk.

“The BCH’s market capitalization has decreased significantly,” SBI wrote, adding that BCH blockchain was vulnerable to 51-percent attacks…

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2019-04-16 15:48:00

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