Pi Network Gains Regulatory Edge in EU, Unveils Travel App for Real-World Utility
Pi Network has taken a significant step toward regulatory legitimacy by registering its entity, PIBIT LTD, under the European Union's ESMA and Malta's MFSA frameworks. This MOVE signals a strategic shift from community-driven growth to formal compliance, positioning Pi to align with upcoming MiCA regulations.
The network's KYC validators now see 'PI earned coming soon' in-app notifications, hinting at imminent reward distributions. Meanwhile, the launch of BNPi—a travel app enabling hotel bookings with Pi tokens—expands real-world utility beyond speculative trading.
These developments reflect PI Network's dual focus: establishing regulatory credibility while fostering practical use cases. The EU registration particularly underscores growing institutional recognition, even as the project maintains its grassroots mining model.
