## Introduction
Pi Network is making significant changes to its token distribution process by enhancing its Know Your Business (KYB) protocols. This strategic shift aims to address speculative trading concerns and promote compliance and user engagement. This article explores the impact of Pi Network’s KYB process on curbing speculative trading.
### Strengthening KYB Approvals
Pi Network’s recent focus on strengthening its KYB approvals marks a crucial step towards establishing a more robust token distribution model. The approval of fiat on-ramp providers such as Banxa, TransFi Onramp.Money, and Onramper underscores the platform’s commitment to enhancing its regulatory compliance measures.
### Dual Distribution Framework
The introduction of a dual distribution framework within Pi Network’s token distribution strategy highlights its emphasis on compliance, accessibility, and genuine user participation. By implementing KYB processes for on-ramp providers, Pi Network aims to ensure that token distribution is carried out in a transparent and secure manner.
### Curbing Speculative Trading
One of the key objectives of enhancing the KYB process is to curb speculative trading within the Pi Network ecosystem. By prioritizing compliance and fostering genuine user engagement, Pi Network seeks to create a more sustainable and stable trading environment for its community members.
## Conclusion
The evolution of Pi Network’s KYB process represents a significant step towards promoting responsible trading practices and regulatory compliance. By strengthening KYB approvals and implementing a dual distribution framework, Pi Network is actively working to curb speculative trading and foster a more sustainable token distribution model for its users.