UAE Denies Rumours About Lifetime Golden Visa for Certain Nationalities

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The Toncoin project claims that investors who pledge $100,000 in TON tokens and pay $35,000 in fees can obtain a 10-year UAE golden visa. Telegram founder Durov forwarded the message. The UAE officials denied any connection with the project, emphasizing that digital asset investments are subject to regulations and reminding investors to guard against fraud.

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The TON Foundation promised a Golden Visa in the Emirates against $100,000 in Toncoin staking and $35,000 in fees, with an announced yield of 3 to 4% per year. Emirati authorities quickly denied the existence of such a program, recalling that TON is not regulated in Dubai. The program, without an official base, would have targeted another category of visa and provoked a strong speculation on the token, before the market corrected. TON unveils a …