The big news keeping the cryptocurrency community in its grasp this week is how Bitcoin SV is slowly biting the dust. More specifically, this forked version of Bitcoin Cash is currently getting removed from numerous exchanges, trading platforms, and companies accepting it as a payment method. As this list continues to grow, one has to wonder how the future of BSV will look.
Several exchanges have already confirmed they will remove Bitcoin SV in the coming days and weeks. The first platform to do so was Binance, as its owner has taken a very harsh stance against the project and its “mouthpieces”, so to speak. While Bitcoin SV has always been a controversial fork, it seemed as if every exchange was more than willing to give it a fair chance. That positive momentum has now evaporated altogether. Not entirely surprising, although the speed at which these changes are enforced might raise some questions accordingly.