$PI 1. The relationship between Gate's PI license and Pi Network
Completely unrelated, just a coincidence in abbreviation.
- Gate's PI license: A Payment Institution license issued by Malta's MFSA under the EU PSD2 directive, used for compliant fiat/stablecoin payment services, representing Gate's own EU compliance strategy.
- Pi Network: A mobile mining project with the Pi token, which has no connection in terms of entity, business, or regulation with Gate's PI license.
- The only connection: The Gate exchange has launched a PI/USDT trading pair, allowing trading of Pi coins, but this is unrelated to the current PI license.
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$PI 1. The relationship between Gate's PI license and Pi Network
Completely unrelated, just a coincidence in abbreviation.
- Gate's PI license: A Payment Institution license issued by Malta's MFSA under the EU PSD2 directive, used for compliant fiat/stablecoin payment services, representing Gate's own EU compliance strategy.
- Pi Network: A mobile mining project with the Pi token, which has no connection in terms of entity, business, or regulation with Gate's PI license.
- The only connection: The Gate exchange has launched a PI/USDT trading pair, allowing trading of Pi coins, but this is unrelated to the current PI license.