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Toncoin Introduces 10-Year UAE Golden Visa With Unlockable $100K Stake in TON

  • TON Foundation introduced a program to apply for a 10-year UAE residency by staking $100,000 worth of TON.
  • The UAE government denied recent online claims about offering Golden Visas or residency through new, unofficial channels.
  • Toncoin's initiative allowed individuals to stake $100,000 worth of TON for 3 years to apply for a 10-year Golden Visa in the UAE.
  • UAE authorities clarified that digital asset staking is not recognized for UAE Golden Visa eligibility, leading to a drop in Toncoin's value.

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