Pi Network Claims Pi Euro Is Now Recognized in 19 Countries Across EU

TLDR

Table of Contents

Pi Network claims Pi Euro is MiCA-compliant in 19 EU countries as of November 28, 2025.
No official EU regulator has confirmed Pi Euro’s legal status or authorization.
Pi Euro trades at €0.19–€0.21 on some platforms but lacks recognized mainnet validation.
Community debate grows as exchanges stress they do not confirm regulatory endorsements.

Pi Network has announced that its “Pi Euro” is now recognized across 19 European Union countries under the MiCA framework. While the Pi community celebrates this as a breakthrough toward European legitimacy, critics urge caution over the lack of formal confirmation from EU financial authorities.

Community Announcement Sparks Regulatory Scrutiny

Pi Network has announced that its digital currency, branded as “Pi Euro,” is now recognized in 19 of the 27 European Union countries. The claim is based on compliance with the EU’s Markets in Crypto-Assets (MiCA) regulation, which provides a legal framework for digital assets across the European Economic Area.

The Pi community described this as the start of a new regulated phase, with social media posts declaring that Pi is now “fully MiCA-compliant.” According to a post from Pi Pioneers X, trading in Europe will no longer be temporary, and the coin can now be accessed across the EU without an expiration period. However, the statements have not been supported by any official documentation from EU regulatory bodies.

No Formal Approval Confirmed by EU Authorities

Although the announcement indicates that Pi Euro is available in countries like France, Germany, and Spain, financial experts note that recognition under MiCA requires official registration or licensing. As of now, Pi Network does not appear on any public list of authorized or registered crypto-asset service providers under MiCA guidelines.

Regulatory commentators in the EU stress that announcements of legal acceptance must be verified by entities such as the European Securities and Markets Authority (ESMA) or national financial watchdogs. They also emphasize that asset listings on market trackers like CoinGecko or exchanges like OKX Europe do not automatically confirm legal authorization.

Exchange Data Shows Activity but Not Legitimacy

Data from third-party platforms such as CoinGecko, Binance interface, and Crypto.com indicate that Pi is trading between €0.19 and €0.21. However, these trades often reflect IOUs or unofficial tokens that do not directly represent a mainnet asset.

Exchanges have maintained a neutral stance, stating that any listed price reflects trading volume and not regulatory validation. They also highlight that until Pi Network launches its open mainnet and completes its Know-Your-Customer (KYC) processes, the token’s status remains in a transitional phase.

Core Team Urged to Provide Clarity

The Pi Network development team now faces pressure from users and developers to clarify its legal position within the EU. The community is asking for transparent updates regarding open mainnet timelines, KYC processing, and the official route to MiCA registration.

“Any public claim of legal recognition must be backed by regulatory documentation,” said a European financial compliance analyst. “MiCA offers a clear structure, but the path includes registration, disclosures, and regulator oversight.”

The announcement has amplified calls for the Core Team to publish an official roadmap and regulatory proof to support the public statements. Without this, users may be misled into believing that Pi has already cleared all regulatory hurdles, despite the absence of verified approvals.