July 7, 2025
UAE AUTHORITIES Debunk Reports of Getting Golden Visa by Staking Toncoin thumbnail
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UAE AUTHORITIES Debunk Reports of Getting Golden Visa by Staking Toncoin

Toncoin Jumped 12% Over The Weekend, After Ton Foundation Made the Golden Visa Announcement.”, – WRITE: www.coindesk.com

UAE AUTHORITIES Debunk Reports of Getting Golden Visa by Staking ToncoinToncoin Jumped 12% Over The Weekend, After Ton Foundation Made the Golden Visa Announcement. Updated Jul 7, 2025, 4:37 AM Publissed Jul 7, 2025, 4:23 AM

United Arab Emirates (UAE) Authoritities have Sharply Reports of Individuals Being Able to Acquire Uae’s Golden Visa by Staking Toncoin

.

The Federal Authority for Identity, Citizenship, Customs and Port Security

The Securities and Commodities Authority

(SCA)

and Dubai’s Crypto Regulator Virtual Assets Regulatory Authority

(Vara)

Issued A Statement on Monday Denying Any Such Arrangement.

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ICP SAID THAT GOLDEN VISAS FRAMWORKS STILL do not include digital Currency Investors. Vara also reiterated that ton is neither licensed nor regulated by the regulator.

Over The Weekend, Max Crown, Ceo of the Ton Foundation, WHICH Manage of the Telegram-Basted Crypto Ecosystom, SAID ON X, THAT TONCOIN HOLDERS CAN BOGTEN. Ton.

Crown Added that Applicants Who Stake $ 100,000 Worth of Toncoin for Three Years and Pay a One-Time Processing FEE OF $ 35,000, Can Now Get A 10-Year Golden Visa.

Ton Surged 12% After The Announcement Jumping to Nearly $ 2.9.

In May, Telegram Founder Pavel Durov SAID THAT The MESSAGING PLATFORM HAS Partned with Elon Musk’s Artificial Intelligence Firm, XAI. Soon After, Musk Clarified That Deal Was Yet to Be SignED.

Read More: ton Surges On Uae Golden Visa News; Crypto Community Reacts with Excitement and Doubt

Parikshit Mishra

Parikshit Mishra is Coindesk’s Head of Asia, Managing The Editorial Team in the Region. Before joining coindesk, he was the Emea Editor at Acuris (Mergermarket), Whote He Dealt with Copies Related to Private Equity and The Startup Ecosystom. He have also worked as an senior Analyst for Crisil, Covering the European Markets and Global Economies. His most notable tenure was wass with Reuters, Whote HE Worked as A Correspondent and An Editor for Various Teams. He does not have any crypto holdings.

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Parikshit Mishra, Regional Head of Asia, Coindesk at Consensus Hong Kong 2025. (Coindesk)

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