Toncoin Plummets After UAE Blocks Golden Visa Scheme
19 Articles
19 Articles
TON Foundation Confirms No Official Deal With UAE: Toncoin Down Over 5% Today
The post TON Foundation Confirms No Official Deal With UAE: Toncoin Down Over 5% Today appeared first on Coinpedia Fintech News The Open Network (TON) Foundation, a nonprofit organization dedicated to the long-term success of the Toncoin (TON) ecosystem, has clarified that there is no official deal with the government of the United Arab Emirates (UAE). The TON Foundation has highlighted that the previous rumors that a Golden Visa program for the…
No Golden Visa for TON Investors, Say UAE Regulators
UAE authorities dashed the hopes of Toncoin holders to obtain a golden visa through cryptocurrency staking. As a result, the token's exchange rate fell 6% from the day's high. Events moved swiftly after The Open Network announced that investors who staked $100,000 worth of TON for three years would be eligible for a 10-year UAE golden visa. The news spread rapidly on social media, with the TON exchange rate jumping 10% to $3.03. TON.org official…
UAE refutes claims linking TON staking to Golden Visa residency pathway
The United Arab Emirates (UAE) has officially debunked claims that staking Toncoin, the native cryptocurrency of The Open Network (TON), could serve as a pathway to securing a UAE Golden Visa. The clarification, issued by UAE authorities on July 6, 2025, follows a wave of social media buzz and announcements from TON-related platforms suggesting that a $100,000 staking program could grant investors a 10-year residency visa. Meanwhile, the news h…
Toncoin loses weekend gains as UAE authorities deny golden visa claim on TON staking
Toncoin (TON) edges lower on Monday following a 3.31% gain and a daily close at $2.83 on Sunday after momentarily reaching the $3 mark amid the UAE golden visa controversy. The UAE authorities denied any sponsorship deals with the TON Foundation to offer a golden visa for TON holders.
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