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Currently, Pi coin is recognized in multiple countries and regions, and can be traded and used in these areas. Specifically, Pi coin is legalized in multiple countries across several continents such as Europe, Asia, and the Americas. For example, in Europe, the legitimacy of Cryptocurrency has been recognized by 39 countries, including Austria, Switzerland, and Malta. In Asia, out of 45 countries, 35 recognize the legitimacy of Cryptocurrency, including Japan, Singapore, and South Korea. In the Americas, 24 countries recognize the legitimacy of Cryptocurrency, including Canada, the United States, and Brazil. 12
The legalization process and regulatory environment of Pi Coin in different countries
Europe: Europe continues to lead the way in the legalization of Crypto Assets, with 39 countries recognizing the legitimacy of Crypto Assets, accounting for as high as 95.1%. For example, the Canton of Zug in Switzerland explicitly supports Crypto Assets.
Asia: 35 countries in Asia recognize the legality of Crypto Assets, accounting for about 77.7%. For example, Singapore is one of the centers of blockchain technology in Southeast Asia, with over 100 registered Crypto Assets companies.
Americas: 24 countries in the Americas recognize the legality of Crypto Assets, accounting for approximately 77.4%. For example, the United States and Canada both recognize the legality of Crypto Assets.
Other regions: Australia, New Zealand, Central African Republic, etc. are also friendly towards Crypto Assets.
Background information and future development trends of Pi currency
Pi is a Cryptocurrency developed by the Pi team, and its creation process is unique, simulating the generation of pi through an algorithm. Although the Chinese government restricts the use and trading of virtual currencies, Pi has achieved a certain level of success internationally and has enormous potential for future applications. With the increasing global recognition of Cryptocurrency, Pi is expected to gain wider application and acceptance in the future.