The 60-million strong Pi Network (PI) community embraced a double-digit percentage upswing while the rest of the markets crashed. This took place right after Pi’s Core team unveiled to the public that Pi Coin (PI) is striving for a MiCa license, potentially opening doors to multiple top European Union (EU) crypto exchanges.
MiCa Whitepaper News Boosts Pi’s Volume
This could significantly contribute towards solving one of the most-recurring issues for Pi Coin, which is the lack of major exchange listings (CEXs). Markets in Crypto-Assets Regulation (MiCA) is a new regulatory framework focused on consumer protection & regulatory-compliant asset trading, including stablecoins & popular alts.
Following the news, Pi Coin’s price jumped 5%, but the trading volume went parabolic mode. Picking up a 120% increase from the day before, the mobile mining altcoin’s Spot market volumes briefly topped $185 million despite barely breaching $100 million on most days this November.
ISO 20022 Looms, Pi Coin Reaps Benefits?
Pi Network’s MiCa whitepaper factors in key benefits of Pi Network, including the chain’s energy efficiency, revealing an annual energy consumption of 0.0024 TWh, roughly 99% less than the leading digital asset Bitcoin (BTC). Being one of the most eco-friendly major chains, Pi Network is garnering momentum due to ISO 20022 compatibility, along with parent chain Stellar (XLM).
Today, Pi’s mainnet implemented Quantum Financial System (QFS) after a couple of successful testing transactions. Ultimately, this puts Pi Coin (PI) at the forefront of innovation, as ISO 20022 goes live this week, upping the global standard for financial messaging across the globe. Ultimately, Pi’s QFS smart contract confirms the chain is running under ISO’s guidelines.
Delve into DailyCoin’s top crypto news today:
Hyperliquid Unveils HIP-3 for Open Perp Market Creation
Argentine President Milei Linked to LIBRA Collapse
People Also Ask:
It’s a formal submission to EU regulators proving Pi’s compliance with MiCA Title II, classifying Pi as a “digital currency” for peer-to-peer payments, marketplace use, and dApp settlements—not a security, utility token, or investment product. No ICO, private sales, or fundraising involved; all supply is community-mined.
Pi has no legal rights/obligations attached (e.g., no governance voting or profit-sharing). It’s non-custodial via the Pi Wallet in Pi Browser. Total supply is transparent/auditable, with 80% to community and 20% to core team. It passes MiCA’s anti-money laundering and consumer protection rules, enabling listings on regulated EU venues.
Pi’s annual energy footprint is just 0.0024 TWh (99.9% less than Bitcoin’s 185 TWh), aligning with EU green-finance standards and UN net-zero goals. This “eco-moat” is baked in, using mobile mining that’s low-power and accessible—no heavy hardware needed.
Paves the way for Pi’s EU debut on OKX Europe (November 28, 2025) and others, boosting liquidity for 60M+ users. Builds on the August 2025 Valour Pi ETP listing in Nordic markets, allowing traditional brokerage access.
It’s Pi’s “birth certificate” for regulated markets, adding ISO 20022 banking compatibility for global payments. Community calls it a “historic leap” toward mainstream adoption; v23 protocol upgrade by end-2025 will enhance it further.
