The United Arab Emirates has denied rumors about issuing golden visas to crypto investors through a partnership with Toncoin.
Authorities, including the ICP, VARA, and SCA, clarified that only real estate investors, exceptional talents, and humanitarian pioneers are eligible for golden visas.
Claims made by Toncoin of a partnership resulting in 10-year golden visas for cryptocurrency holders proved to be false according to UAE authorities.
Binance's former CEO, Changpeng Zhao, advised investors to verify claims independently following the UAE's statement about golden visa partnerships with cryptocurrency entities.