BANXA Receives KYB Approval, Expanding Pi Network's Global Accessibility to Over 100 Countries

BANXA, a leading global payment platform, has officially received KYB approval, marking a significant milestone for Pi Network's push toward regulated, mainstream adoption.

BANXA, a leading global payment platform, has officially received Know Your Business (KYB) approval from Pi Network. This marks 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.

This development showcases Pi Network's commitment to navigating the legal framework and forging partnerships to expand the token's reach.

After KYB approval, users can now buy Pi directly in the Pi wallet with fiat currencies before mainnet launch.

This approval also allows BANXA to onboard businesses more efficiently, reducing fraud risks and enabling it to better meet regulatory requirements, which will be appreciated by institutional clients and partners.

Pi Can Now Be Bought Legally in Over 100 Countries

Currently, Pi users can't easily buy or sell Pi and have to rely on P2P deals, which are risky. But with BANXA’s KYB approval, Pi can be bought legally with fiat in over 100 countries. This offers a safer alternative to P2P transactions.

This move expands Pi’s footprint, making it accessible to a global audience. More people can easily acquire and trade Pi tokens, ultimately boosting the token's liquidity and utilisation.

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. This could pave the way for Pi listings on these platforms, boosting its liquidity and credibility within the crypto landscape.

If BitMart and HTX manage to secure KYB approval, it will be a positive development for Pi Network. It will expand the token's footprint and facilitate smoother operations within legal boundaries.

Pi Coin Price Analysis

In February 2025, Pi's price rose dramatically by 2,854.62%, surging from $0.0987 to $2.8107. However, by late February, it dropped significantly by 79.14%. The market has experienced high volatility in recent times.

Over the last 30 days, the Pi market declined by 44.9%, and over the last seven days, it dropped by 1.9%. Despite this decline, March and April showed a more stable trend in price movements compared to earlier months.

The strong rally in February, followed by a steep correction, showcases the market's volatility and the rapid shifts in bullish and bearish sentiment.

As the project progresses and the mainnet launch approaches, we can expect further price fluctuations as liquidity and adoption levels continue to influence the token's value.