Pi Network Goes Global as BANXA Clears KYB Hurdle—Bankers Grumble About ’Play Money’ Going Mainstream

Pi Network’s moonshot just got a turbo boost. With BANXA’s Know-Your-Business (KYB) greenlight, the mobile-mining project slingshots past regulatory gatekeepers—proving once again that crypto moves faster than compliance departments can say ’risk assessment.’

The backstory: Pi’s 35 million+ users just got a frictionless fiat on-ramp. BANXA’s infrastructure cuts through banking red tape like a hot knife through bureaucratic butter. Suddenly, converting play-to-earn tokens into spendable cash looks less like sci-fi and more like a Tuesday.

Meanwhile in TradFi land: Hedge fund managers clutch pearls over ’amateur hour’ disrupting their 2-and-20 fee structures. Too bad their due diligence teams still think Proof-of-Work is a CrossFit regimen.

Bottom line: When a mining app you can run on airplane mode starts outpacing legacy finance’s ’innovation labs,’ maybe—just maybe—the disruptors are winning.

BANXA, a leading global payment platform, has officially received KYB approval, marking a significant milestone for Pi Network’s push toward regulated, mainstream adoption. With this approval, Pi can now be legally purchased in over 100 countries, facilitating a smoother transition to global accessibility.

BANXA’s KYB approval enhances its credibility and compliance, enabling Pi users to directly buy Pi with fiat currencies within the Pi wallet, even before the mainnet launch. This approval allows the platform to onboard businesses more efficiently, reduce fraud risks, and meet regulatory requirements, promoting trust among institutional clients and partners.

Pi Can Now Be Bought Legally in Over 100 Countries

BANXA’s KYB approval allows Pi to be legally purchased with fiat in over 100 countries, offering a secure alternative to the risky P2P deals previously relied on by Pi users. This approval expands Pi’s accessibility to a global audience, allowing more people to easily acquire and trade Pi tokens.

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Pi Network Exchange Listing

Dr Altcoin predicts that top platforms like BitMart and HTX may soon gain KYB approval. If this happens, it will increase Pi’s legitimacy and compliance, potentially paving the way for Pi listings on these platforms, boosting its liquidity and credibility within the crypto landscape.

Pi Coin Price Analysis

In February 2025, Pi’s price rose dramatically by 2,854.62%, from $0.0987 to $2.8107. However, by late February, it dropped by 79.14%, and the market has since experienced high volatility. Over the last 30 days, the Pi market declined by 44.9%, with a 1.9% drop in the last seven days. Despite this, March and April showed a more stable trend compared to earlier months.

Stay ahead with breaking news, expert analysis, and real-time updates on the latest trends in Bitcoin, altcoins, DeFi, NFTs, and more.

FAQs

As of April 2025, Pi Network’s PI token is listed on 16 cryptocurrency exchanges, including OKX, Gate.io, and Bitget.

While Binance and Coinbase have teased a potential Pi Coin listing, no official confirmation has been given, causing uncertainty among investors.