China Highlights Pi Coin in 10 December 2025 Warning on Crypto Scam Fundraising Risks

On 10 December 2025, Chinese financial regulators issued a warning about the use of digital assets in fraudulent fundraising, singling out Pi Coin as a key area of concern, according to the article. Officials argued that Pi’s large base of everyday users, slow development and opaque progress have made it a target for schemes that promise mining returns and guaranteed profits. The notice is presented as part of Beijing’s broader push to curb speculative cryptocurrency activity while still backing tightly controlled blockchain trials.