SBI Virtual Currencies delists Bitcoin Cash [BCH] in response to Binance's Bitcoin SV delisting

[Dario_o]

WTF

 

Quote

SBI Virtual Currencies, a licensed cryptocurrency exchange based in Japan, has delisted Bitcoin Cash [BCH] in a knee-jerk response to the recent delisting of Bitcoin SV [BSV] by Binance. Speculators suggest the Japanese exchange’s close ties to the BSV camp as the reason behind BCH being booted out.

https://ambcrypto.com/breaking-sbi-virtual-currencies-delists-bitcoin-cash-bch-in-response-to-binances-bitcoin-sv-delisting/

[PunishmentOfLuxury]

Well, Kitao-san was recently snapped sitting with Shamtoshi. But SBI doesn't list BSV does it?

[princesultan]

Who cares about SBI already. Everyone thinks they would be the saving grace. It's been 3 years I've been hearing about SBI and they haven't done a thing. All hype, no follow through. I'll believe it when I see it. 

[Kpuff]

11 minutes ago, princesultan said:

Who cares about SBI already. Everyone thinks they would be the saving grace. It's been 3 years I've been hearing about SBI and they haven't done a thing. All hype, no follow through. I'll believe it when I see it. 

SBI did nothing really? How about SBI virtual currencies, SBI Ripple Asia, I could go on. They are laying the tracks for future success I don’t see that as nothing 

[Caracappa]

6 minutes ago, Kpuff said:

SBI did nothing really? How about SBI virtual currencies, SBI Ripple Asia, I could go on. They are laying the tracks for future success I don’t see that as nothing 

I tend to agree with Sultan that until now SBI only talks about their plans and nothing has come from it yet, but I also believe they are working hard on it and there is a lot coming that will come to fruition once they bring those XRP plans into practical use this year. The improvements of the banking network in Japan, FX and derivatives market for example will bring a lot of liquidity to the table. Liquidity that can then be used to gain more traction in other corridors worldwide.

Edited April 16, 2019 by Caracappa

[mandelbaum]

SBI has also joined in a venture with R3 to promote the adoption of Corda in Japan. But why they would want anything to do with POW projects is a mystery.

 

Edited April 16, 2019 by mandelbaum

[JannaOneTrick]

Original document from SBIVC
https://www.sbivc.co.jp/topics/pdf/20190416_release.pdf

Edited April 16, 2019 by JannaOneTrick

[Dario_o]

26 minutes ago, princesultan said:

Who cares about SBI already. Everyone thinks they would be the saving grace. It's been 3 years I've been hearing about SBI and they haven't done a thing. All hype, no follow through. I'll believe it when I see it. 

- Final settlement between R3 and Ripple very likely happened because of this partnership was about to be signed https://www.r3.com/news/r3-and-sbi-holdings-partner-for-new-venture-to-accelerate-corda-adoption-in-japan/

- MoneyTap , a consumer-focused blockchain money transfer app built by SBI Holdings and Ripple https://ripple.com/insights/ripple-powered-mobile-app-provide-demand-domestic-payments-japan/

Just a couple worth to remember

[Kpuff]

27 minutes ago, Caracappa said:

I tend to agree with Sultan that until now SBI only talks about their plans and nothing has come from it yet, but I also believe they are working hard on it and there is a lot coming that will come to fruition once they bring those XRP plans into practical use this year. The improvements of the banking network in Japan, FX and derivatives market for example will bring a lot of liquidity to the table. Liquidity that can then be used to gain more traction in other corridors worldwide.

Well they gotta start somewhere I mean I don’t know exactly what he or you are referring to when you say they haven’t done anything yet. SBI virtual currencies has been launched already since last year the only part of the platform that’s been delayed is the order book. Which in my opinion when the order book is launched at that time that exchange can use xrapid because Xrapid needs an order book to function. But with the government continuing to push for higher security measures it is taking longer to have that happen. I believe the organization is called the FSA I could be wrong on that but yeah I see they are making progress slowly like just about every other company in the space. Of course I wish things would move faster but hey patience is the game here

[Guest]

worrying that kitao was even involved in bcash and sv to begin with, shows to me he doesnt real know what he's doing so is just hedging his bets

it's becoming a pay to play, 'you scratch my back' market -- at this point i have completely lost confidence in SBI

[quan]

I have no idea why sbi was involved with bch at the first place. 

Not sure if sbi has the ability to manage the innovation. 

[WillGetThere]

14 hours ago, quan said:

I have no idea why sbi was involved with bch at the first place. 

Not sure if sbi has the ability to manage the innovation. 

In this crazy crypto environment SBI was involved with BCH purely due to Kitao/CSW relations and trust.  Now that CSW is all in BSV Kitao just follows/supports him (read believes in him/BSV)

[XRP-JAG]

Some of you got this backwards....

If major players such as SBI and R3 spend years building solutions around Ripple / XRP. Great indicator that they will actually follow through, and that in a significant enough way to justify all the time / money on prep work too. 

[JannaOneTrick]

1. Abolition of BCH
(1) Name of virtual currency to abolish handling
Bitcoin cash (BCH)
(2) Discontinuance date
Friday, June 28, 2019 6:00 AM

https://www.sbivc.co.jp/topics/pdf/20190422_release.pdf

[Guest]

I've been wondering since the fork which one SBI would settle on. I had always suspected BSV due to the relationship with nChain but there hadn't been much concrete evidence for one or the other. I guess this leaves me wondering, BSV or neither?