UAE Authorities Clarify Regulations Amidst Cryptocurrency Visa Rumors

TL;DR
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.
Topics:businesscryptocurrency#crypto-community#cryptocurrency#market-surge#ton-foundation#toncoin#uae-golden-visa
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- 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
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