Crypto News: Here’s Why Pi Coin Isn’t on the ISO 20022 List – Expert
The post Crypto News: Here’s Why Pi Coin Isn’t on the ISO 20022 List – Expert appeared on BitcoinEthereumNews.com.
Pi Coin isn’t on ISO 20022 as it focuses on mobile mining, social crypto, and EU MiCA compliance for trading, an expert says. Pi Coin’s absence from the ISO 20022 compliance list has sparked curiosity among cryptocurrency enthusiasts. However, according to crypto analyst Mansingh Rajput, there’s nothing unusual about this situation. The reasons are straightforward and relate to the fundamental differences between Pi Network’s purpose and the scope of ISO 20022 standards. Understanding what ISO 20022 represents is crucial to grasping why Pi Coin is omitted. This international standard specifically governs banking and financial payment systems, focusing on messaging protocols for cross-border transactions, bank transfers, and financial settlements. It’s not a universal cryptocurrency registry, but rather a framework designed for digital assets that integrate directly with traditional banking infrastructure. The cryptocurrencies that have achieved ISO 20022 compliance, such as XRP, XLM, XDC, ALGO, IOTA, and QNT, share a common characteristic: they’re all designed to facilitate banking-related operations and institutional financial transfers. Moreover, Pi Network, by contrast, has an entirely different mission and target audience, making direct comparisons inappropriate. Pi Network’s Current Development Stage Explains the Absence Pi Coin is still in a transitional phase regarding its market accessibility. The network has not yet achieved a fully open mainnet status, which is a prerequisite for integration into international banking standards. Without complete market openness and established pricing across major exchanges, the coin cannot be evaluated or integrated into systems like ISO 20022. The Pi core development team has not pursued ISO 20022 compliance because it doesn’t align with the project’s current roadmap or immediate objectives. The focus remains on building out the Pi ecosystem, ensuring network security, and preparing for a controlled, strategic market opening. Rushing into banking system integration before the network is fully mature would be premature and…
Filed under: News - @ November 23, 2025 12:22 pm