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UAE Authorities Deny Claims Of a Toncoin Partnership to Issue Golden Visas

  • 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.

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