The requirement to ban transactions in certain regions for Pi coin is a brilliant move.

First, it can avoid compliance issues in different countries,

Secondly, it can indirectly create scarcity for Pi coin. Since the announcement, the speed of deposits in the Euro Wallet has significantly slowed down,

Thirdly, it allows for flexibility. If before the 20th, when the network opens, it is found that selling pressure is too high, all regional transactions can be decisively banned. If selling pressure is not high, then a small amount of transactions can be allowed, and the wildly increasing price of Pi coin will further enhance its visibility and influence, which is very beneficial for subsequent project development.