what is meant by Fake Pi and unofficial Pi ? that means exchangea who listed Pi on IOU basis are deceiving people? Then how regulatory allow them to do this.

Why Isn’t Pi Network Listed on Binance?

Many crypto enthusiasts have been asking why Pi Network (PI) is not listed on Binance. Here are some key reasons:

1️⃣ Pi is Still in Enclosed Mainnet – The Pi Network team has not fully launched its open mainnet yet. Binance and other major exchanges typically require projects to be fully operational before listing.

2️⃣ Regulatory and Compliance Issues – Binance follows strict regulatory standards. Since Pi’s ecosystem is still evolving, compliance checks may not be complete.

3️⃣ Lack of Public Blockchain Access – Pi’s blockchain is not yet fully decentralized, making it difficult for exchanges to integrate it securely.

4️⃣ Official Team Approval Needed – Any listing requires approval from the Pi Core Team, and they have emphasized that Pi should not be traded until the open mainnet launch.

‼️ Beware of Fake Pi Tokens! Some unauthorized exchanges list IOUs or unofficial versions of Pi. Always verify before trading!

🔔 When Will Pi Be Listed? It depends on when the Pi Network launches its open mainnet and meets Binance's listing criteria. Stay updated with official announcements from Pi Network.

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