TON Foundation Clarifies UAE Golden Visa Project Was Not Government-Backed
- Digital currency investors are not eligible for UAE Golden Visas, according to a joint statement from the Federal Authority for Identity, Citizenship, Customs and Port Security, the Securities and Commodities Authority, and the Virtual Assets Regulatory Authority.
- The authorities clarified that Golden Visas are issued based on officially approved criteria, excluding digital currency investors, and urged caution against misinformation.
- The Securities and Commodities Authority emphasized its commitment to international standards and urged investors to obtain information from reliable sources to avoid misinformation.
- The Virtual Assets Regulatory Authority confirmed that the company TON is not licensed by them, advising consumers to engage only with properly regulated organizations for virtual asset investments.
23 Articles
23 Articles
TON Foundation Clarifies UAE Golden Visa Project Was Not Government-Backed
The TON Foundation has clarified that its UAE Golden Visa initiative is not an official program and is not endorsed by or affiliated with the UAE government. Describing the announcement as “premature,” the Foundation said the project is being developed through an “independent collaboration” with a licensed partner focused on blockchain infrastructure and tokenized assets. The clarification followed swift denials from multiple UAE authorities, in…
No golden visa for digital currency investors in UAE, authorities clarify
The Federal Authority for Identity, Citizenship, Customs and Port Security (ICP), the Securities and Commodities Authority (SCA), and the Virtual Assets Regulatory Authority (VARA) have issued a joint statement denying reports circulating on certain websites and social media platforms that claim the UAE grants golden visas to investors in digital currencies. The ICP clarified that golden visas are issued according to clear and officially approve…
Binance's CZ Dismisses TON's Crypto Visa Campaign - Blockchain & Cryptocurrencies Tabloid
CZ of Binance denounces TON's misleading crypto-based visa campaign amidst regulatory clarifications. The post Binance’s CZ Dismisses TON’s Crypto Visa Campaign appeared first on Blockchain & Cryptocurrencies Tabloid.
Toncoin's Golden Visa Hype was prematureIt was claimed that Toncoin (TON) would provide a way to a 10-year UAE golden visa alone through the stakeing of $TON. Posts in social media, headlines, and influencer threads spread the story quickly – many believed this was a groundbreaking moment for crypto adoption in real residence programs.But the celebrations were short-lived.In a public clarification on X, the CEO of the TON Foundation addressed th…
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