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Uae Golden Visa

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UAE Authorities Clarify Regulations Amidst Cryptocurrency Visa Rumors

Originally Published 6 months ago — by CoinDesk

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Source: CoinDesk

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.

Toncoin Surges 12% on UAE Golden Visa Initiative and Blockchain Residency Trends

Originally Published 6 months ago — by AMBCrypto

Featured image for Toncoin Surges 12% on UAE Golden Visa Initiative and Blockchain Residency Trends
Source: AMBCrypto

Toncoin experienced a 12% surge within two hours following the UAE's announcement of offering 10-year Golden Visas to those staking $100k in TON, which has increased demand and could lead to an uptrend, although technical indicators show some bearish signals and resistance levels at $3.