$PI GM. The SEC just said: Most crypto isn’t a security. And Pi fits right into that interpretation perfectly because Pi is not an investment contract.

An investment contract is basically when someone sells you a token with the promise that it'll moon because they're doing all the work. You just sit there and profit. That’s a security.

But we all know that Pi is none of that. No ICO. No "invest now" hype. We mined it by tapping a button daily for years. No promises of riches—just a phone app that lets you build alongside the founders.

So according to the SEC interpretation, Pi is a "digital commodity" or "digital tool" because it is useful. Value comes from people actually spending it—not some founder’s hype.

So no more gray areas for uncertainty and fear of how Pi would be treated in the legal framework. It can be used confidently in business.

Pi wasn’t built to gamble. It was built to work. And now the rulebook finally agrees.