Banxa Secures KYB Approval, Unlocks Pi Network Access in 100+ Countries

Banxa receives KYB approval, allowing legal Pi transactions in 100+ countries. Users can now buy Pi with fiat, enhancing global accessibility. PI price rises to $0.60, with a potential breakout toward the $1 mark. In a major development for the Pi Network ecosystem, global fiat-to-crypto payment gateway Banxa has officially received Know Your Business (KYB) approval. This regulatory clearance allows Banxa to legally support Pi transactions in over 100 countries. It marks a pivotal step forward in Pi’s journey toward mainstream adoption. The approval comes after Banxa had temporarily suspended Pi transactions, likely due to pending compliance requirements. During this pause, reports surfaced that Banxa had already accumulated millions of Pi tokens at low prices, positioning itself for a strong re-entry once legal barriers were cleared. Buy Pi with Cash Now Possible With KYB approval in place, Banxa users across multiple regions can now buy Pi using fiat currencies, removing one of the biggest hurdles to onboarding non-crypto-native users. This opens the door for faster adoption, especially in countries where Pi has strong grassroots communities b… The post Banxa Secures KYB Approval, Unlocks Pi Network Access in 100+ Countries appeared first on Coin Edition .

Source: Coin Edition