GOOD NEWS : PiBridge is officially licensed to operate in Vietnam - hokanews
@PiBridgeOrgofficially has a license to operate in Vietnam. We have a local legal team and are committed to a healthy business environment. If you ask Pibridge is it legal or not? This is the most suitable answer!@BSCNews@Pi_NewsG
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The website shared by VictorNguyen with the hokanews.com team is as follows: https://dichvuthongtin.dkkd.gov.vn/
After hokanews.com has explored more deeply what is meant by the website, we can inform you as follows:
the official website of the Ministry of Trade and Industry of Vietnam, which provides information services about companies registered in Vietnam. This website provides access to a Vietnamese company database and provides public information about companies, including basic company data such as company name, business number, address and proprietary information.
How PiBridge Works
Within the PiBridge app, users can lock up their Pi to get credit for PinUSD, which is a United States dollar-backed stablecoin. PinUSD credit can be used to trade other cryptocurrencies or buy products and services in online shops that work with PiBridge. Apart from that, users can also trade Pi with other cryptocurrencies such as Bitcoin and Ethereum within the app.
PiBridge also provides collaboration features with third-party platforms, so users can use their Pi in other applications. In this case, the PiBridge functions as a gateway to connect the Pi ecosystem with other applications and platforms outside the Pi network.
Risks and Cautions
Keep in mind that PiBridge is not an official application from the Pi Network development team, it is developed by the Pi Network community. Therefore, users must remain vigilant and careful in using this application, and always do research before making any transactions in it. Apart from that, users should also ensure that they understand the risks associated with locking up their Pi in order to get PinUSD credits.
Conclusion
With the arrival of the PiBridge app, the Pi ecosystem is growing and providing more opportunities for users to expand their Pi usage beyond the Pi network. However, users should still be careful and do some research before using these apps to minimize the associated risks.
What is Pi Network?
Pi Network is a new cryptocurrency and developer platform that allows mobile users to mine Pi coins without draining device battery. The Pi blockchain secures economic transactions through a mobile meritocracy system and a complete Web3 experience where community developers can build decentralized applications (dApps) for millions of users.
That's a little information that we can share with all the pi network communities. Hopefully this is useful, keep the spirit, don't give up.If the information from hokanews is useful, don't forget to share it with other pioneers.
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Thanks to all the pioneers, warm greetings from the hokanews team. Information from the pi network community for all pioneers