What is trực tiếp bóng đá k+ current price of Pi Network in Vietnamese dong today? Shall there be legal regulations for virtual currencies in Vietnam in trực tiếp bóng đá k+ future?
What is trực tiếp bóng đá k+ current price of Pi Network in Vietnamese dong?
As of 8:15 AM on February 21, 2025, trực tiếp bóng đá k+ price of Pi Network (PI) is fluctuating around 0.9 USD (approximately 22,479.44 VND) on exchanges such as OKX and MEXC.
Below is trực tiếp bóng đá k+ Pi Network price chart listed on trực tiếp bóng đá k+ OKX exchange:
Pi Network price today listed on trực tiếp bóng đá k+ OKX exchange
After officially being listed on February 20, 2025, with an initial price of around 2 USD, trực tiếp bóng đá k+ Pi coin has experienced significant volatility, at times dropping to 0.6 USD. Currently, major exchanges like Binance and Bitget have yet to list trực tiếp bóng đá k+ Pi coin.
Note that trực tiếp bóng đá k+ cryptocurrency market often experiences strong fluctuations; therefore, investors should closely monitor exchanges and market information to update trực tiếp bóng đá k+ current value of Pi Network.
What is trực tiếp bóng đá k+ fully diluted valuation of Pi Network (PI)?
trực tiếp bóng đá k+ fully diluted valuation (FDV) of Pi Network (PI) is 8,407,135,197 USD. This is a statistical representation of trực tiếp bóng đá k+ maximum market capitalization, assuming that trực tiếp bóng đá k+ maximum number of 100 billion PI tokens are all in circulation today. Depending on trực tiếp bóng đá k+ PI token release schedule, it may take many years to reach trực tiếp bóng đá k+ FDV.
Note: trực tiếp bóng đá k+ information is for reference only and should not be considered investment advice. Investors should conduct their own research and consider carefully before making decisions!
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What is trực tiếp bóng đá k+ current price of Pi Network in Vietnamese dong today?(Image from Internet)
Is income from Pi Network taxable in Vietnam?
Pursuant to Clause 1, Article 3 of trực tiếp bóng đá k+Personal Income Tax Law 2007, as amended by Clause 1, Article 2 of trực tiếp bóng đá k+Law on Amendments to Tax Laws 2014, trực tiếp bóng đá k+ regulation is as follows:
Taxable Income
Personal taxable income includes trực tiếp bóng đá k+ following types of income, except for tax-exempt income as specified in Article 4 of this Law:
- Income from business activities, including:
a) Income from production, business activities of goods, services;
b) Income from independent professional activities of individuals possessing practice certificates or licenses as prescribed by law.
Income from business activities specified in this clause does not include income of business individuals with an annual revenue of 100 million VND or less.
...
In addition, based onCông trực tiếp bóng đá euro hôm nayfrom trực tiếp bóng đá k+ State Bank of Vietnam, trực tiếp bóng đá k+ guidance is as follows:
According to trực tiếp bóng đá k+ above regulations,virtual currencies in general and Bitcoin, Litecoin, in particular, are not recognized as currency and are not a legal means of payment under Vietnamese law. trực tiếp bóng đá k+ issuance, provision, and use of virtual currencies in general and Bitcoin, Litecoin, in particular, (illegal means of payment) as currency or means of payment is prohibited. Penalties for this behavior have been specified in Decree 96/2014/ND-CP of trực tiếp bóng đá k+ Government of Vietnam on administrative penalties in trực tiếp bóng đá k+ monetary and banking sector and trực tiếp bóng đá k+ Criminal Code 2015 (as amended and supplemented). Furthermore, regarding investment in virtual currencies, trực tiếp bóng đá k+ State Bank of Vietnam has repeatedly warned that such investment carries very high risks for investors.
Simultaneously, based on Clause 6, Article 26 ofDecree 88/2019/ND-CP, as amended by Point d, Clause 15, Article 1 ofNghị định 143/2021/NĐ-CP, regulations on violations of payment activities are as follows:
Violations of payment activity regulations
...
- A fine ranging from 50,000,000 VND to 100,000,000 VND shall be imposed for any of trực tiếp bóng đá k+ following violations:
...
d) Issuance, provision, use of illegal means of payment that do not reach trực tiếp bóng đá k+ level of criminal liability;
...
Thus, it can be seen that Pi Network is neither a currency nor a legal means of payment under Vietnamese law, and therefore transactions involving Pi Network are illegal. Consequently, income from Pi Network is not subject to personal income tax (PIT).
However, note that if buying and selling Pi Network does not reach trực tiếp bóng đá k+ level of criminal liability, one could be fined from 50,000,000 VND to 100,000,000 VND.
Note: trực tiếp bóng đá k+ fines mentioned above apply to individuals; fines for organizations are twice trực tiếp bóng đá k+ fines for individuals (Point b, Clause 3, Article 3 ofDecree 88/2019/ND-CP).
Shall there belegal regulations forvirtual currencies in Vietnamin trực tiếp bóng đá k+ future?
On February 7, 2025, trực tiếp bóng đá k+ Government of Vietnam issuedNghị quyết 27/NQ-CPregarding trực tiếp bóng đá k+ regular government meeting in January 2025.
In this, trực tiếp bóng đá k+ Government of Vietnam assigned trực tiếp bóng đá k+ Ministry of Finance several key tasks as follows:
- Urgently complete trực tiếp bóng đá k+ proposal dossier for developing legal documents regulating "digital assets" ("virtual assets", "cryptographic assets"), managing transactions related to "digital assets" ("virtual assets", "cryptographic assets") as directed by trực tiếp bóng đá k+ Prime Minister of trực tiếp bóng đá k+ Government of Vietnam inQuyết định 424/QĐ-TTg năm, directions from Government leaders in official documents numbered: 4152/VPCP-KTTH dated October 15, 2024, 4452/VPCP-KTTH dated November 4, 2024, 313/VPCP-KTTH dated January 23, 2025, of trực tiếp bóng đá k+ Office of trực tiếp bóng đá k+ Government of Vietnam and relevant documents, to avoid further delays.
- Develop comprehensive financial, insurance, and securities markets. Implement trực tiếp bóng đá k+ proposed solutions in trực tiếp bóng đá k+ Strategy for developing trực tiếp bóng đá k+ securities market until 2030 approved by trực tiếp bóng đá k+ Prime Minister of trực tiếp bóng đá k+ Government of Vietnam. Implement decisive solutions to upgrade trực tiếp bóng đá k+ securities market in 2025.
- Complete and report to trực tiếp bóng đá k+ Prime Minister of trực tiếp bóng đá k+ Government of Vietnam before February 20, 2025, on trực tiếp bóng đá k+ draft Law on Investment and State Capital Management in Enterprises after incorporating trực tiếp bóng đá k+ National Assembly's feedback at trực tiếp bóng đá k+ 8th session and trực tiếp bóng đá k+ directions of trực tiếp bóng đá k+ Government of Vietnam and its leaders.
- Focus on finalizing trực tiếp bóng đá k+ proposal for government guarantee limits and on-lending limits according to trực tiếp bóng đá k+ directions of Government leaders in official document number 637/VPCP-KTTH dated January 23, 2025, of trực tiếp bóng đá k+ Office of trực tiếp bóng đá k+ Government of Vietnam.
Based on trực tiếp bóng đá k+ directives mentioned above, it is anticipated that Vietnam will soon have a legal framework to regulate and manage transactions related to digital assets, including cryptocurrencies and cryptographic assets.
It is noted that according toQuyết định 424/QĐ-TTg năm, trực tiếp bóng đá k+ Prime Minister has assigned trực tiếp bóng đá k+ Ministry of Finance to lead, in cooperation with trực tiếp bóng đá k+ Ministry of Industry and Trade, Ministry of Information and Communications, Ministry of Public Security, Ministry of Science and Technology, Ministry of Planning and Investment, Ministry of Justice, State Bank of Vietnam and other related agencies, to research, summarize practices, and consult international experiences to propose trực tiếp bóng đá k+ development of legal documents regulating "digital assets" ("virtual assets", "cryptographic assets"), manage transactions related to "digital assets" ("virtual assets", "cryptographic assets").