U.S. crypto exchange Kraken has decided to delist Bitcoin offshoot bitcoin SV

Major United States cryptocurrency exchange Kraken has decided to delist bitcoin (BTC) offshoot bitcoin SV (BSV), the firm WDS_LINK_PLACEHOLDER_25a119a3286460fca05d0dfdc0b3482f on April 16.

In an official press release, Kraken said that BSV had “engaged in behavior completely antithetical to everything we at Kraken and the wider crypto community stands for.” As such, the exchange has decided to delist the currency, which was the result of a hard fork in the bitcoin cash (BTC) network last November.

The exchange’s decision follows a Twitter poll yesterday, in which it asked the community’s opinion about whether it should delist BSV.

Kraken Twitter poll on BSV delisting. Source: Kraken

Kraken cited erratic behavior such as fraudulent claims, threats and legal action as the catalyst behind the delisting. The exchange’s decision follows in the footsteps of exchanges Binance and ShapeShift, which dropped the coin earlier this week.

Also read: Romanian central bank: crypto will not replace currency issued by central banks as it is not necessarily a currency

Source: https://cointelegraph.com/news/following-community-poll-kraken-delists-bitcoin-sv