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About PXI

Prime-XI (PXI) is a cryptocurrency launched in 2014. PXI has a current supply of 21.93M with 0 in circulation. The last known price of PXI is 0.000950486513 USD and is 0.000015384627 over the last 24 hours. It is currently trading on active market(s) with $0 traded over the last 24 hours. More information can be found at https://primexi.com/.

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PXI Price Statistics
PXI’s Price Today
24h Price Change
+$0.0000153846271.65%
24h Volume
$00.00%
24h Low / 24h High
$0 / $0
Volume / Market Cap
--
Market Dominance
0.00%
Market Rank
#9047
PXI Market Cap
Market Cap
$0
Fully Diluted Market Cap
$20,845.89
PXI Price History
7d Low / 7d High
$0 / $0
All-Time High
$0
All-Time Low
$0
PXI Supply
Circulating Supply
0
Total Supply
21.93M
Max Supply
0
Updated Nov 28, 2024 7:28 pm
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PXI
Prime-XI
$0.000950486513
$0.000015384627(+1.65%)
Mkt Cap $0
There's nothing here for now
UK Tax Authority Faces Challenges In Valuing Seized NFTs
UK Tax Authority Faces Challenges In Valuing Seized NFTs
According to DLNews, nearly two years after British officials seized three non-fungible tokens (NFTs) in a tax fraud investigation, the UK's tax authority is still grappling with how to value these digital assets. Since the 2022 operation, no additional NFTs have been seized, and Her Majesty’s Revenue and Customs (HMRC) is in the preliminary stages of developing methods to appraise the worth of NFTs. The agency disclosed this information in response to a Freedom of Information request, stating that it is "exploring options regarding the valuation [and] appraisal method for seized NFTs." The NFTs were seized alongside approximately £5,000, or $6,345, in cryptocurrency as part of an investigation into a £1.4 million VAT fraud scheme involving over 250 suspected fake companies. This incident, first reported by the Daily Telegraph, marked the first NFT seizure in the UK. HMRC has not commented on whether the three seized NFTs have been sold. At the time of the seizure, Nick Sharp, the deputy director for economic crime at HMRC, issued a warning to those attempting to hide money from tax authorities, emphasizing that the agency constantly adapts to new technology to keep pace with criminals and evaders. HMRC has declined to provide further details on the options it is exploring or how it manages custody of NFTs, citing concerns that such information could enable opportunists to undermine compliance activities and prejudice the agency's ability to prevent or detect crime. The agency also expressed concerns that revealing its retention methods could increase the risk of criminals targeting HMRC staff or other parties in attempts to recover seized assets. Additionally, disclosing its tactics could allow criminals to develop techniques that might inhibit HMRC's ability to identify or seize assets in the future. NFTs, such as those in the Bored Ape Yacht Club collection, are typically valued based on factors like rarity, cultural significance, and the fluctuating crypto market. Once popular among speculative investors and celebrities, the NFT market has cooled significantly since its peak in 2021.
Nov 28, 2024 7:16 pm

Frequently Asked Questions

  • What is the all-time high price of Prime-XI (PXI)?

    The all-time high of PXI was 0 USD on 1970-01-01, from which the coin is now down 0%. The all-time high price of Prime-XI (PXI) is 0. The current price of PXI is down 0% from its all-time high.

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  • How much Prime-XI (PXI) is there in circulation?

    As of , there is currently 0 PXI in circulation. PXI has a maximum supply of 0.

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  • What is the market cap of Prime-XI (PXI)?

    The current market cap of PXI is 0. It is calculated by multiplying the current supply of PXI by its real-time market price of 0.000950486513.

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  • What is the all-time low price of Prime-XI (PXI)?

    The all-time low of PXI was 0 , from which the coin is now up 0%. The all-time low price of Prime-XI (PXI) is 0. The current price of PXI is up 0% from its all-time low.

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  • Is Prime-XI (PXI) a good investment?

    Prime-XI (PXI) has a market capitalization of $0 and is ranked #9047 on CoinMarketCap. The cryptocurrency market can be highly volatile, so be sure to do your own research (DYOR) and assess your risk tolerance. Additionally, analyze Prime-XI (PXI) price trends and patterns to find the best time to purchase PXI.

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