I am trying to understand the reason why Pi is requesting KYC information. Is it for security purposes, to comply with regulations, or something else? I would like to know the background behind this requirement.
7 answers
Rosalia
Wed Dec 04 2024
One crucial aspect of the Pi Network is the kYC (Know Your Customer) verification process.
Leonardo
Wed Dec 04 2024
Users are required to complete this verification step before they can transfer their mined Pi Coins to the mainnet.
Michele
Wed Dec 04 2024
Pi represents a novel digital currency conceived by a team of Stanford PhDs.
SakuraSpirit
Wed Dec 04 2024
The mainnet serves as the primary network where Pi Coins can be utilized for various transactions.
WhisperWindLight
Wed Dec 04 2024
This digital asset has garnered significant attention, boasting a membership base exceeding 47 million individuals globally.