As of March 27, 2025, there is no definitive, official confirmation from Binance stating that it has outright rejected the listing of Pi Coin. However, the situation remains complex and uncertain based on available information.

Binance has not listed Pi Coin yet, despite significant community interest and multiple rounds of engagement, such as community votes. For instance, a Binance community vote conducted between February 17 and February 27, 2025, showed strong support for listing Pi Coin, with reports indicating 85-87.1% of eligible voters in favor. Despite this, Binance emphasized that the vote was for reference only and that any final decision would depend on their internal evaluation process, which includes assessing factors like project quality, regulatory compliance, technological innovation, and market demand. No official listing followed this vote, leading to frustration among Pi Network supporters and speculation about Binance's stance.

Some sources suggest that Binance’s hesitation may stem from concerns over Pi Network’s transparency, particularly regarding token locking and burning mechanisms, as well as its centralized governance structure. Analysts have pointed out that Pi Network’s mainnet, while now open as of February 20, 2025, still lacks fully disclosed technical details (e.g., smart contracts and open-source code), which are critical for meeting Binance’s listing standards. Additionally, the project’s regulatory compliance remains under scrutiny, with some experts noting that Binance may be cautious due to potential legal risks or insufficient liquidity outside Pi’s ecosystem.

On the other hand, there’s no clear evidence of an explicit rejection. Binance has not released an official statement saying "Pi Coin will not be listed." Instead, their actions—or lack thereof—suggest a delay or ongoing review rather than a firm refusal. Posts on X and various web reports have speculated about a rejection, with some citing Binance’s exclusion of Pi from initiatives like the “Vote to List” campaign (which prioritized BNB Smart Chain projects) as evidence of disinterest. However, these claims remain unconfirmed by Binance itself, and others argue that a direct listing could still happen if Pi Network meets the exchange’s criteria in the future.

In summary, Binance has not explicitly rejected Pi Coin’s listing as of today, but it has also not moved forward with it despite community pressure and earlier indications of interest. The situation appears to be one of cautious evaluation rather than a definitive "no." For the latest developments, you’d need to monitor official Binance announcements, as the status could evolve beyond this date.

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