Analyst Suggests Pi Coin Listing on Binance May Face Delays Due to Code Transparency and Audit Issues

Key Points

1. Pi Coin struggles to meet Binance's listing criteria primarily because of its closed-source blockchain code, which limits transparency and trust.

2. Analyst Kim H. Wong highlights that Pi Network's proprietary code is a fundamental obstacle for mainstream exchange listings.

3. Regulatory compliance and formal engagement with exchanges are critical for Pi Coin's listing, but Pi Network has not met these requirements.

4. Community expectations, such as those around Pi2Day, have not aligned with industry standards that prioritize security, transparency, and compliance over popularity.

5. For Pi Coin to be listed on major exchanges like Binance, the project must address technical, security, and regulatory hurdles.