Crypto exchange OKX plans to list the PI coin on its Mainnet launch on February 20, but ahead of this move, it announced that the project will adopt an isolated listing mode. This decision may affect access for users in certain countries, including mainland China.
Pi Network was the one who set these requirements, according to OKX. The exchange expects restrictions to be imposed on mainland China and possibly other regions. This has sparked frustration among Pi Network miners, many of whom have been waiting years for liquidity.
Some community members see this as a contradiction to the project’s initial promise of inclusivity. Critics argue that Pi Network’s delays and lack of transparency have fueled skepticism. They claim that if the project were truly ready for Mainnet, more exchanges would be lining up to list it.
OKX has confirmed that some regions may face access restrictions due to this isolated listing mode. The PI coin price has also seen a significant decline since last week’s rally above $93, currently trading at $61.28. Pi Network has yet to address allegations from OKX that the directive came directly from them.
Source: https://www.ccn.com/news/crypto/pi-network-cut-off-china-trading-crypto-exchanges