News

Pi Network Opens KYC Services to Syrian Users After Sanctions End

By

Shweta Chakrawarty

Shweta Chakrawarty

Pi Network has opened its KYC services to users in Syria following the termination of the U.S. government's sanctions program.

Pi Network Opens KYC Services to Syrian Users After Sanctions End

Quick Take

Summary is AI generated, newsroom reviewed.

  • Pi Network has made its KYC services available to users in Syria after the U.S. government ended its broad sanctions program.

  • The move will allow Syrian users to verify their identity and fully participate in the Pi ecosystem.

  • The project is also integrating with the Stellar V23 "Whisk" upgrade to improve scalability and transaction speed.

  • This expansion highlights Pi Network's focus on both compliance with international laws and building an inclusive, global community.

Pi Network has announced that its Know Your Customer (KYC) services are now available to users in Syria. The move follows the termination of the U.S. government’s Syria Sanctions Program under Executive Order 14312. This decision opens the door for Syrian participants to complete identity verification. Also, join the global Pi Network community more fully. The update was shared by Pi community members and later confirmed by Pi Network. The project emphasized that it is acting in full compliance with international laws and regulations. While extending access to its services.

A New Chapter for Syrian Pioneers

For years, Syrian users faced restrictions on accessing digital platforms due to sanctions. The removal of these barriers allows Pi Network to expand into a region. Where many people have shown interest in crypto as an alternative financial tool. With KYC now active, Syrian pioneers can verify their accounts and prepare to participate in Pi’s broader ecosystem. This includes potential access to trading, applications and services once the project fully transitions to its open mainnet phase. 

The timing is significant. Many individuals in sanctioned countries often rely on digital solutions to bypass traditional financial roadblocks. By extending verification services, Pi Network is offering a new way for users in Syria. To engage with decentralized finance in a compliant and transparent manner.

Strengthening the Pi Ecosystem

The KYC expansion comes as Pi Network works on technical upgrades to support scalability and adoption. According to community updates, the project is in the process of integrating with Stellar V23 Whisk upgrade. This upgrade introduces faster transaction speeds, reduced fees and more efficient smart contracts. Through features like parallel processing and a unified event system. Pi Network expects to build a stronger and more scalable ecosystem. For users, this means the future Pi platform could handle higher volumes of activity without compromising efficiency. It also strengthens the foundation for applications and services that will operate within the Pi ecosystem.

Building Toward Mass Adoption

Pi Network long term goal has been to create a crypto accessible to ordinary users through mobile devices. Over the years, the project has attracted millions of pioneers worldwide. Though access to its services has varied depending on local regulations. By opening KYC in Syria, Pi is not only expanding geographically. But also reinforcing its reputation as a compliance focused project. Clear adherence to regulatory frameworks will be essential. If Pi hopes to gain broader legitimacy and attract partnerships in the future. The combination of compliance, technical upgrades and community-driven growth positions Pi Network for its next phase. Syrian pioneers now have a clearer path to participate. While the ecosystem as a whole continues to mature.

Outlook

The end of sanctions has created new opportunities for digital innovation in Syria. With Pi Network extending KYC access. Users in the region are no longer excluded from one of the largest crypto communities in the world. At the same time, the network’s upgrade to Stellar Whisk signals its focus on long term scalability. Faster, cheaper transactions and smarter contract execution are essential features for any blockchain project. That is aiming to achieve mass adoption. For Pi Network, these developments reflect progress on two fronts expanding access to users while strengthening the technical foundation. Together, they highlight the project ambition to become a global, inclusive and efficient digital ecosystem.

Google News Icon

Follow us on Google News

Get the latest crypto insights and updates.

Follow