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Why Pi Network Is Taking Its Time With CEX Listings — and Why That’s a Good Thing
By: bitcoin ethereum news|2025/05/05 15:00:01
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If you’ve been wondering why Pi Network still isn’t listed on major centralized exchanges (CEXs) like Binance or Coinbase yet?” You’re not the only one. The wait has confused many in the crypto world, but there’s a smart reason behind it. While most projects rush to get listed fast, Pi Network is taking a slower, safer route, one that’s focused on rules, trust, and long-term success. Let’s get into the details! Pi Vision Backed by Global Standards Pi Network isn’t just building an app, it’s aligning with a much bigger vision. The project reflects the core goals of the Digital Currency Global Initiative, a major effort led by the International Telecommunication Union (ITU)—a UN agency—and Stanford University’s Future of Digital Currency Initiative (FDCI). This initiative focuses on five key pillars for the future of digital money, such as financial inclusion for all, Smooth interoperability, Strong identity verification (KYC/KYB), programmable currency, and DeFi support. Very few crypto projects meet all these standards. But Pi Network does. Not Just KYC—Pi Demands KYB Too Now here’s where it gets interesting. Pi Network is one of the only crypto projects that meets all five goals. It’s not just asking users to verify their identity (KYC), it also requires centralized exchanges to complete KYB (Know Your Business) before listing Pi. That’s why OKX, the first exchange to comply, stands out. It successfully cleared Pi’s strict KYB checks, signaling that Pi isn’t chasing quick listings, but instead setting a higher bar for integrity. Making Access Easier with Wallet Activation Alongside its push for long-term trust, Pi Network has added a new feature that lets verified users activate their wallets, even if they haven’t finished the Mainnet migration. Whether someone has completed full KYC or is temporarily verified, they can now also unlock wallet functions and explore Pi’s ecosystem. According to the Pi Core Team, this move opens the door for millions of pioneers to engage with the blockchain sooner. Source: https://coinpedia.org/news/why-pi-network-is-taking-its-time-with-cex-listings-and-why-thats-a-good-thing/
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