{"id":35458,"date":"2025-07-07T08:01:47","date_gmt":"2025-07-07T08:01:47","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=35458"},"modified":"2025-07-07T08:01:47","modified_gmt":"2025-07-07T08:01:47","slug":"uae-denies-toncoin-golden-visa-scheme","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=35458","title":{"rendered":"UAE Denies Toncoin Golden Visa Scheme"},"content":{"rendered":"
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The United Arab Emirates (UAE) has refuted viral claims that staking $100,000 worth of Toncoin (TON) could grant investors a 10-year golden visa.<\/p>\n

The Federal Authority for Identity, Citizenship, Customs and Port Security (ICP), alongside financial regulators SCA and VARA, issued a rare joint statement clarifying that digital currency investments are not an eligible pathway for the long-term residency permit, dousing the speculation that had ignited across social media platforms.<\/p>\n

UAE Authorities Slam Claims as Misleading<\/h2>\n

The buzz began after the Toncoin team announced<\/a> a partnership between The Open Network and the UAE, offering a 10-year Golden Visa for staking $100,000 TON for three years, with family inclusion and an estimated 3-4% APY, for a $35,000 government fee.<\/p>\n

The narrative was amplified when Telegram founder Pavel Durov retweeted the news. Toncoin\u2019s price reacted swiftly, surging over 10% at one point on July 6, breaching $3.00 to hit its highest level in 19 days.<\/p>\n

Trading volume also spiked, reflecting the market\u2019s knee-jerk reaction to the seemingly major adoption catalyst. \u201cIt\u2019s unbelievable to see how countries are attracting people through unique ideas, and crypto is one of them,\u201d tweeted<\/a> Bitinning founder Kashif Raza on July 5, capturing the initial bullish sentiment.<\/p>\n

Even Binance founder Changpeng Zhao (CZ) expressed<\/a> cautious optimism, writing on X, \u201cIs this real? It would be awesome IF it is true.\u201d However, he also urged people first to verify the information and flagged potential issues like the high fee compared to typical agent costs of around $1,000.<\/p>\n

But despite the viral traction and message on Durov\u2019s X account, UAE authorities have rejected the notion. The joint ICP, SCA, and VARA statement<\/a> explicitly denied \u201creports circulating on certain websites and social media platforms that claim the UAE grants golden visas to investors in digital currencies.\u201d<\/p>\n

The ICP clarified that golden visa eligibility is strictly tied to pre-established criteria such as real estate investment, entrepreneurship, and specialized talent, not crypto staking.<\/p>\n

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\u201cInvestors must always refer to official channels and avoid engaging with unverifiable advertisements,\u201d warned the agency.<\/p>\n<\/blockquote>\n

VARA also confirmed that \u201cTON is neither licensed nor regulated\u201d under its framework, directing investors to deal exclusively with licensed entities.<\/p>\n

CZ later retweeted the official denial, commenting, \u201cYou never know what to believe these days. DYOR!\u201d<\/p>\n

Toncoin Price Spikes, Then Cools Off<\/h2>\n

Toncoin\u2019s price trajectory tells the story of the rumor\u2019s fleeting impact. After peaking past $3.00 on Sunday following the initial claims, it dropped as low as $2.73 following the official denial before finally settling around $2.83 at the time of writing. This is a 6.6% decline from its intraday high.<\/p>\n

While the 24-hour gain reflects the initial rumor pump, the sharp rejection and failure to hold gains above $3.00 is a reminder of the market\u2019s sensitivity to regulatory clarity.<\/p>\n

The post UAE Denies Toncoin Golden Visa Scheme<\/a> appeared first on CryptoPotato<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

The United Arab Emirates (UAE) has refuted viral claims that staking $100,000 worth of Toncoin (TON) could grant investors a 10-year golden visa. The Federal Authority for Identity, Citizenship, Customs and Port Security (ICP), alongside financial regulators SCA and VARA, issued a rare joint statement clarifying that digital currency investments are not an eligible pathway […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-35458","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/35458","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=35458"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/35458\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=35458"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=35458"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=35458"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}