city currencies

According to reports, the crypto exchange OKCoin has suspended trading in two city currencies, MiamiCoin and NYCCoin, due to insufficient liquidity. “The limited liquidity of these city currencies on our platform has led to potential price manipulation and fraud risks. Although these risks have not yet occurred, we hope to take action before any issues arise,” OkCoin wrote in a blog post. Once the low liquidity issue is resolved, OKCoin will resume city currency trading. Currently, holders can continue to store their tokens in OKCoin or transfer them to the…