2. Breaking News: Pi Network's Delay in Binance Listing – A Strategic Move?

1. Mainnet Is Not Fully Open

Pi Network is still operating in a "closed mainnet" phase, meaning users can't freely withdraw or transfer their Pi tokens outside the network. Exchanges typically require open mainnets with full transferability for listing.

2. Lack of Transparency

Critics have pointed out that the Pi Core Team has not fully disclosed how its tokenomics (like supply, burn mechanisms, or team holdings) work. Exchanges like Binance require detailed and verifiable project documentation.

3. Regulatory and Compliance Concerns

Binance and other major exchanges conduct strict compliance checks. The regulatory status of Pi Network in many regions is unclear, and it may still be undergoing audits or legal review.