OKJ suspends sales and accumulation of Lisk (LSK)
- —OKJ halted LSK sales and accumulation from September 14
- —Spot trading and LSK deposits/withdrawals continue to operate
- —Lisk plans to shut down its own blockchain on October 31
- —A proposal has been made to burn 100 million LSK out of a 400 million cap
Why it matters: The winding down of the Lisk network and delistings on Japanese exchanges increase pressure on the token and its liquidity.
Source: CoinDesk Japan