BNP Paribas Clarifies No Partnership with Pi Network Amid False SEPA Crypto Claims
BNP Paribas has officially denied any collaboration with Pi Network to enable SEPA transfers in cryptocurrency, refuting misinformation spread by several media outlets. The erroneous reports stemmed from a misinterpreted GitHub repository falsely cited as proof of a partnership.
Prominent crypto platforms like CryptoRank, CoinSpeaker, and CryptoNews propagated the unverified claims, highlighting the persistent issue of misinformation in cryptocurrency journalism. While the rapid spread is understandable in a fast-moving industry, it does not justify the lack of proper verification.
Despite recurring rumors, Pi Network maintains no affiliations with established financial institutions. Investors and market participants are advised to always cross-check technical assertions with primary sources before making decisions based on such reports.