Pi Network Shares KYC Update But Community Backlash Floods In

Pi Network's April 2026 update announced over 18.1 million fully verified users and 16.72 million mainnet migrations, with over 100,000 KYC approvals and 30,000 migrations in April alone. Despite these figures, the Pi Core Team faced significant community backlash, with users complaining about prolonged pending KYC approvals, with some waiting for seven years. The team explained that their KYC process is intentionally conservative, using AI and human reviewers to prevent duplicate and fraudulent accounts, which can lead to delays. They stated that a 'Tentative KYC' status requires further verification to maintain network integrity and fairness. To address concerns, the team advised users to complete liveness checks, ensure accurate information, and continue mining. They also noted that resolving user issues is a priority and that specific 'corner cases' require custom technical fixes. Meanwhile, Pi Coin is experiencing price headwinds in May, declining 2.6% despite an upcoming Protocol 23 upgrade deadline, with a large token release potentially impacting price action.

(Source：BeInCrypto)