The government of the United Arab Emirates (UAE) has denied the existence of a golden visa program focused on cryptocurrency investors, specifically for TON token holders. The clarification comes as a blog post from The Open Network (TON) presented a “10-Year UAE Golden Visa with TON” initiative.
According to the Emirates News Agency (WAM), institutions reported not having any knowledge of this arrangement, with the Federal Authority for Identity, Citizenship, Customs and Port Security (ICP) highlighting that “golden visas are issued according to clear and officially approved frameworks and criteria, which do not include digital currency investors.”
The institution stressed that the golden visa programs include real estate investors, entrepreneurs, exceptional talents, scientists and specialists, top students and graduates, humanitarian pioneers, and frontline workers.
The Securities and Commodities Authority (SCA) stressed that “digital currency investments are governed by specific regulations and are unrelated to golden visa eligibility.”
Furthermore, it stated that investors should obtain their news from credible sources to avoid fraud or misinformation.
Finally, the Virtual Assets Regulatory Authority (VARA) noted that companies receiving a digital assets license must follow the visa procedures established by the government of Dubai, denying any claims of a program enabling the issuance of golden visas to digital assets investors.
Nonetheless, the TON site, still active at the time of writing, offers an expedited golden visa procedure for investors able to stake $100,000 worth of TON tokens. TON Foundation states that investors can get a visa in under 7 weeks with a processing fee of $35k and that the TON staked can be withdrawn after three years.
Former Binance CEO Changpeng Zhao had expressed his doubts about this proposal. “This program would be awesome if it was true. I didn’t want to bug too many “official” friends on a Sunday,” he declared on social media.
Read more: TON Launches UAE Golden Visa Initiative for Toncoin Holders
免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。
