Pi Network Research
Key Points
Research suggests the 10 largest governments by GDP will likely handle Pi Network differently based on their crypto policies.
It seems likely that crypto-friendly nations like Japan, Germany, France, Italy, the UK, and Brazil will regulate and possibly integrate Pi Network.
The evidence leans toward China banning Pi Network, while India and Indonesia may regulate it with uncertainties.
The USA is expected to subject Pi Network to financial regulations, focusing on compliance, though this remains debated.
Country-Specific Reactions
The reactions will vary based on each country's stance on cryptocurrencies. Below is a breakdown for clarity:
United States:
Likely to regulate under existing financial laws, emphasizing anti-money laundering and potential security classification.
China:
Expected to ban Pi Network due to its strict prohibition on cryptocurrencies.
Japan:
Likely to permit Pi Network if it meets local regulations, given its crypto-friendly approach.
Germany:
Will regulate under EU MiCA, but adaptation might be slow, possibly discovering Pi Network later.
India:
May regulate due to its large user base, but with potential restrictions due to concerns like capital flight.
United Kingdom:
Likely to include Pi Network in its new crypto framework, focusing on innovation.
France:
Will support under EU MiCA, provided it complies with regulations.
Indonesia:
Expected to regulate, especially with its significant user base, under new 2025 regulations.
Italy:
Will accept under EU MiCA regulations, similar to Germany and France.
Brazil:
Likely to allow to foster financial inclusion, contingent on compliance with new regulations.
This assessment is based on current crypto policies and may evolve with future developments.