Binance Addresses Concerns Over Pi Network (PI) Listing Vote Amid Community Backlash$BTC
Leading cryptocurrency exchange Binance has issued a statement addressing concerns regarding its community-driven vote on the potential listing of Pi Network (PI). The platform clarified that votes from specific regions, including mainland China, will be excluded from the final tally, emphasizing that the outcome of the vote serves only as a reference rather than a decisive factor.$XRP
The clarification follows growing apprehension that participation from certain geographical areas might unduly sway the voting process. Binance’s official customer support channel on X (formerly Twitter) reaffirmed that votes originating from restricted jurisdictions will not be factored into the final results. The platform further stressed that votes violating the event’s terms and conditions would also be disqualified. Binance reiterated that, regardless of the voting outcome, PI's listing will still be subject to its official evaluation process and listing standards.
Binance introduced the community voting event under the title “Should PI be listed on Binance?” To ensure fair participation, only users with verified accounts and a minimum balance of $5 (or equivalent) during the voting period were eligible to cast their vote, with each qualifying user granted a single vote. The exchange’s latest statement aims to reassure users that its listing decisions remain independent and adhere to rigorous evaluation criteria.
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