Pi Network Claims ‘Pi Euro’ Gains Recognition in 19 EU Countries
Pi Network claims its “Pi Euro” is recognized in 19 EU countries under MiCA, sparking debate over real regulatory approval.

Quick Take
Summary is AI generated, newsroom reviewed.
Pi community promoters claim “Pi Euro” is recognized for legal usage in 19 EU nations under MiCA, though no official confirmations exist.
Screenshots from Binance, CoinGecko, and Crypto.com show Pi trading around 0.19–0.21 EUR, indicating availability but not regulatory approval.
Community sentiment divides sharply as some celebrate a historic milestone while others call it hype exaggerated by influencers.
Pi’s ongoing delays around open mainnet, KYC expansion, and token unlock timelines.
The announcement on the post asserts that Pi Network has been granted that its own currency, the Pi Euro, is already officially approved and legally accepted in 19 out of 27 EU member states and that the statement reflects an initial step towards a new frontier of cross-borders utility that Pi owners can utilize.
PiTrades Major Platforms Reactions in Communities
Numerous Pi enthusiasts hail the news as a milestone made possible by the newly developing digital-asset infrastructure. MiCA and are hopeful that Pi is at last coming to the legitimacy phase many years in the making. Conversely, critics have indicated that there is no official EU regulatory authority that has designated Pi Euro legal tender status or regulated status and that exaggerated claims remain a persistent albatross around open mainnet, KYC expansion, and token unlock schedules by Pi.
European regulatory commentators urge the community to remain cautious, emphasizing that any claim of cross-border approval must come from official EU institutions or national financial authorities. They note that MiCA provides a structured path for asset registration, consumer protection, and issuer disclosure, but Pi Network has not yet appeared in any recognized registry or authorization list. Without formal documentation, regulators argue that circulating claims risk misleading users about the asset’s legal status, especially in jurisdictions that strictly enforce compliance for digital assets marketed to the public.
Exchanges Distance Visibility From Legitimacy Claims
Major platforms subtly distance themselves from narratives suggesting that Pi’s presence on price aggregators equals regulatory recognition. Data aggregators such as CoinGecko and market trackers like Binance’s public interface simply reflect trading activity from third-party markets, not endorsements or jurisdictional clearances. Exchanges continue to remind users that displayed prices often represent IOUs, wrapped versions, or unofficial markets rather than fully launched mainnet tokens. This distinction highlights the gap between community-driven excitement and the current regulatory or technical realities of the Pi ecosystem.
Developers Face Renewed Pressure to Deliver Open Mainnet
The Pi Core Team now faces renewed pressure to provide transparency, accelerate KYC processing, and clarify the roadmap toward open mainnet activation. As misinformation spreads, many community members call for official communication that directly addresses regulatory pathways, token launch requirements, and the status of ecosystem integrations. Developers must manage expectations while reinforcing that sustainable adoption depends on compliance, security, and technical readiness—not speculative claims. This increasing demand for clarity underscores the community’s desire for verifiable progress rather than viral, unconfirmed announcements.
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