US EditionUAE Shuts Down TON’s Crypto Claims on Golden Visa Eligibility: What You Need to Know!
- 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.
19 Articles
19 Articles
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…
TON’s UAE ‘Golden Visa’ mishap shows why legal reviews matter - WorldNL Magazine
The Open Network (TON) Foundation’s Golden Visa slip-up in the United Arab Emirates (UAE) highlights the need for legal compliance and proper review, a local lawyer said.A premature announcement about TON’s UAE Golden Visa aimed to benefit the community but ran into complex local crypto rules, according to NeosLegal founder Irina Heaver.With five regulators overseeing crypto asset service providers’ (CASP) activity in the UAE and strict marketin…
TON’s UAE ‘Golden Visa’ mishap shows why legal reviews matter
Source: Coin Tegraph The Open Network (TON) Foundation’s Golden Visa slip-up in the United Arab Emirates (UAE) highlights the need for legal compliance and proper review, a local lawyer said. A premature announcement about TON’s UAE Golden Visa aimed to benefit the community but ran into complex local crypto rules, according to NeosLegal founder Irina Heaver. With five regulators overseeing crypto asset service providers’ (CASP) activity in the …
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