UAE Authorities Clarify Regulations Amidst Cryptocurrency Visa Rumors
TL;DR Summary
The TON Foundation announced a program allowing users to stake $100K worth of Toncoin and pay a $35K fee for a fast-tracked UAE Golden Visa, leading to a 12% surge in Toncoin's price and increased market activity, though the initiative faces skepticism over its official backing and legitimacy.
- TON Foundation's UAE Golden Visa Announcement Powers Strong $TON Rally on High Volume CoinDesk
- TON coin dips 6% after UAE authorities deny golden visa claim Cointelegraph
- VARA Says TON Isn't Even Regulated in Dubai as UAE Authorities Debunk Reports of Golden Visa CoinDesk
- UAE Authorities Debunk Golden Visa Program for Digital Asset Investors Bitcoin.com News
- Binance Might Launch BNB Visa Scheme, But Is It Legit ? Cointribune
Reading Insights
Total Reads
0
Unique Readers
1
Time Saved
16 min
vs 17 min read
Condensed
99%
3,281 → 48 words
Want the full story? Read the original article
Read on CoinDesk