KYB (Know Your Business) enterprise verification is the process by which businesses verify the identity and compliance of their business partners, suppliers, or customers, similar to KYC (Know Your Customer) for individual clients. KYB is primarily used to prevent money laundering (AML), fraud, and other financial crimes, ensuring the transparency and legality of business transactions.

Binance must pass the KYB review to list Pi; do not view Pi through traditional cryptocurrency thinking anymore.