As Dr. Craig Wright, the face of Bitcoin Satoshi Vision (BSV), makes waves, legally targeting Those who refuse to acknowledge him as Satoshi Nakamoto find themselves at odds with key figures in the crypto community, who are advocating for exchanges to drop BSV.
Meanwhile, a well-known crypto exchange has allied OKEx has now partnered with Jack Liu, the founder of RelayX, to establish Float SV, a marketplace where BSV will be at the core of trading.
The call to remove BSV from listings contrasts sharply with the new partnership announcement and underscores how divisions within the crypto economy have led some companies to remain impartial, supporting projects no matter how disputed.
Introducing a new contender in the exchange world: Float SV
Jack Liu, previously an executive at OK Group, re-engages with OKEx to guide the platform's latest initiative: the Float SV exchange, a BSV-focused trading venue.
The exchange will benefit from OKEx’s innovative OKNodes Program, which offers a build-your-own-exchange feature enabling participants to access shared liquidity and infrastructure within the vast OKEx network – one of the top players in crypto trading volume.
The partners asserted that their new platform will be selective, opting to host only true assets and those blockchains connected through the SHA256 algorithm:
\"Float SV is set to deliver a genuine asset trading experience by focusing solely on blockchains operating with the Proof of Work SHA256 and tangible assets like commodities and currencies. It will avoid listing native tokens of other blockchains or any securities or STOs. A slice of Float's revenue will be reinvested back into Proof of Work.\"
As for a neutral standpoint, Liu commented on how the partnership is possible due to OKEx's objective approach:
\"[I]t's a pleasure to return, taking advantage of OK’s reputable and scalable exchange framework which I am well-acquainted with. Float SV can rely on OK’s reputation for being a neutral tech platform.\"
Looking ahead, Float SV is slated for a launch this month, although Liu noted potential delays if any other major exchange decides to delist BSV.
Calls to delist BSV intensify as Craig Wright targets his detractors.
BSV proponent and Satoshi Nakamoto Dr. Craig Wright, claiming to be Nakamoto, has stirred up controversy by launching legal actions against notable Bitcoin enthusiasts like Hodlonaut, Peter McCormack for disputing Wright’s claims of being the founding force behind Bitcoin.
In the case of Hodlonaut, Wright has insisted that the anonymous Twitter user publicly apologize in court for \"defamation.\" The nChain CTO is also offering $5,000 USD in BSV to anyone who helps reveal Hodlonaut's true identity.
These antagonistic strategies have led many in the crypto sphere to propose removing BSV as a response to Wright, who remains the prominent advocate of BSV and a polarizing figure since he declared himself Nakamoto in 2016.
Now, some powerhouses like Binance’s CEO Changpeng Zhao has issued warnings about potentially dropping BSV altogether if Wright's combative tactics persist.
Craig Wright is not Satoshi.
Anymore of this sh!t, we delist! https://t.co/hrnt3fDACq
— CZ ???? Binance (@cz_binance) April 12, 2019
Other respected voices in the crypto community, such as Anthony Pompliano, have similarly urged for BSV’s marginalization.
A movement is underway for every exchange to simultaneously remove BSV on May 1st, standing united behind the Bitcoin narrative that matters most.
The community's health lies in the hands of its members. Sometimes, the difficult choice is necessary not for being the easy one, but because it upholds what is just. #DelistBSV
— Pomp ???? (@APompliano) April 12, 2019
Whether we'll witness a collective delisting of BSV across the crypto world remains uncertain. The situation with Float SV illustrates that BSV's footprint in the cryptosphere is far from disappearing.
OKEx Pivots Toward Europe
From a broader perspective, OKEx is on a mission to extend its reach across various regions — with Europe as its latest frontier.
That’s because the exchange just launched \"consumer-to-consumer\" fiat trading pairs are being set up for the euro, Russia's ruble, and Turkey's lira.
\"Our goal is to create a thriving crypto environment, which is why our efforts to expand and drive cryptocurrency adoption will never pause,\" according to OKEx Head of Operations Andy Cheung.