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The claim that the Singapore government has purchased the pi domain lacks factual basis, with the main doubts as follows:
1. Technical aspect: .pi domain relies on specific browsers for access and is unrelated to the official Singapore domain system (.sg), thus its practical application value is limited. Although the domain auction for Pi Network has started, the value of the domain has not been verified, and the valuation of traditional brand domains far exceeds that of .pi domains.
2. Policy Level: Singapore has strict regulations on cryptocurrencies. The new regulations for Digital Token Services Providers (DTSP) implemented in June 2025 require all cryptocurrency services to operate with licenses. Government agencies participating in cryptocurrency transactions must comply with strict financial approval processes. The MAS has clearly stated that cryptocurrencies are not to be used as legal tender, and there is no official statement supporting this matter.
3. Market aspect: The price of Pi coin is highly volatile (approximately $0.34 per coin in August 2025), and there is a phenomenon of community speculation. False information such as "NASA acquiring Pi coin" frequently appears, and this domain transaction has only been spread through social media, lacking authoritative media coverage and on-chain records.
Conclusion: This event is likely based on community hype or the spread of false information. The Singapore government is more likely to achieve its layout in the Web3 field through policy guidance and compliance frameworks, rather than directly participating in asset trading of decentralized cryptocurrency projects. Investors should be cautious of unverified "industry big events" to avoid losses caused by misleading information.