#Picommunity #PiCoreTeam #PiOnBinance #WriteToEarnUpgrade #BTCVSGOLD
📢 Pi Network Latest News – Short Summary
Seven major financial associations in China have issued a warning about cryptocurrencies. Since China has completely banned crypto trading since 2021, they have categorized Pi Coin as a “valueless virtual asset,” just like they label Bitcoin and all other cryptocurrencies as illegal.
⚠️ Important:
This is only China’s policy statement, not a decision on Pi’s global value.
China also calls Bitcoin illegal and worthless, so this reaction is not specific to Pi.
Pi Network – Current Real Status:
Mainnet is slow and development is still incomplete
Transparency issues + staking controversy
Price pressure and criticism from some analysts
But the global Pi community remains active
85% people voted in favor of Pi listing in the Binance poll
Pi is still a long-term experimental project
Conclusion:
China’s warning = China’s strict crypto ban.
Pi’s global future remains uncertain — neither guaranteed success nor failure.
Best approach: Hold and stay patient.
