Blockchain.com Crypto Wallet Joins The #DelistBSV Campaign

Blockchain.com is among the latest crypto-related companies to delist BSV from its platform. As one of the oldest crypto wallet services provider, the company joined the campaign. Let’s check our latest cryptocurrency news today to find out what the platform had to say.

CEO of Blockchain.com Peter Smith posted on Twitter about his reasons behind the delisting of Bitcoin Satoshi Vision altcoin:

Smith told CCN:

“We added support for close out (only) transactions (i.e. sell, send) for BSV in January and encouraged users to sell or take their BSV to another platform. We felt it was important to respond to users requests to enable access to their BSV tokens and build a limited way to do so without a long-term commitment to BSV. “

Blockchain.com informed all of its users that they will no longer provide support for the BSV altcoin in their wallet. The company pointed out that they are looking to build a healthy crypto ecosystem and to support reliable cryptocurrencies. They claim to have been monitoring BSV’s activity closely since the hard fork in November.

Blockchain.com pointed out that the team considered carefully and determined to end the support for the BSV token on their wallet platform. The company also encouraged people to sell their Bitcoin SV for other tokens:

‘’If you have BSV, we recommend simply swapping it for another crypto in the Blockchain Wallet or sending your tokens to another service.’’

According to polls, about 70 percent of the users believe that the Bitcoin SV is ‘’toxic.’’ Many other exchanges are trying to follow the Binance path since the exchange was the first to delist BSV. For example, Coinbase and Gemini never listed Bitcoin SV. They have issued complaints against BSV until the Coinbase wallet also decided to stop holding BSV just as Blockchain.com

Gemini, on the other hand, has a small array of coins since it is strongly following the guidance of the New York Department of Financial Services.