Pi Network Gets Its Act Together – MiCA Approval & Fancy European Listings? Yes, Please! 🚀

by

Oh, look at Pi Network pretending to be grown-ups now. They say they’re finally playing by the EU’s rules-like, really following the book-after years of zoning out on that whole ‘mainstream’ dream. Apparently, they’re now fully compliant with the oh-so-serious Markets in Crypto-Assets (MiCA) regulation. That’s right, folks, Pi is eyeing the big leagues, trying to get its PI token onto regulated European exchanges. Oooh, fancy. 🎩

They just dropped a shiny new whitepaper-because nothing says “trust us” like a PDF-and suddenly it’s all about mobile-mined tokens, strict KYC/KYB requirements (because who doesn’t want their identity grocery-checked?), and non-custodial wallets where you’re the boss-and don’t lose your keys, or it’s bye-bye to your crypto soul. Lost private keys? Sorry, we’re not magic. ✨

The PI token, meanwhile, is feeling pretty confident at around $0.23, buoyed by some technical buzz and whales throwing more money around. Yep, a whale dumped 900,000 tokens, which is roughly $85 million worth-because if you’re going to go down, go big, right? 💸

Pi’s built on that fancy Stellar Consensus Protocol (no, you don’t need a PhD for this), and they proudly claim they never did an initial coin offering-just mobile-mined tokens and good old community hustle. Of their 100 billion max supply, 8.2 billion are out in the wild, stalking the markets.

Under their new fancy rules, they’ve got third-party audits, fraud prevention (because who doesn’t need that?), and a wallet you control (remember, your private keys are your problem). They stress, with the seriousness of a court transcript, that PI tokens are just for payments, not voting, dividends, or influencing global politics. Basically, they’re saying, “No, you can’t run the world with this, sorry.”

Once they get the green light from regulators, Pi plans to waltz onto regulated European exchanges. They’re very insistent-no fundraising, just secondary market trading. So no, they’re not secretly rich-just strategically planning their European invasion.

Market chatter suggests a possible turnaround-chart folks spotted a double-bottom and some narrowing Bollinger Bands (fancy talk for “watch out, volatility’s taking a nap”). Meanwhile, the big whale’s still holding – gotta love a long-term commitment from someone with a million bucks worth of PI, huh? 🐋

Founded in 2019 by some brainy Stanford PhDs-Nicolas Kokkalis and Chengdiao Fan-Pi Network has spent ages trying to shake off that ‘ghost chain’ reputation. Now, with a shiny new investment in AI-robotics firm OpenMind, they’re dreaming of connecting Pi to real-world robots. No, really. It’s like science fiction meets crypto. They’re also testing a decentralized exchange and other brainiac stuff, aiming to go from the quiet kid in class to the star of the blockchain world.

Read More

2025-11-19 21:53