The post UAE Officials Clarify Toncoin Does Not Qualify for Visa Programs, Urge Caution Among Investors appeared on BitcoinEthereumNews.com.

UAE authorities have officially denied claims that Toncoin (TON) holders can obtain a golden visa through staking, clarifying immigration policies linked to digital assets. The joint statement from ICP, SCA, and VARA highlights the absence of any crypto-based residency scheme, emphasizing strict eligibility criteria for long-term visas. According to COINOTAG, the regulatory bodies warn investors to verify information through official channels to avoid falling prey to misinformation or fraudulent schemes. UAE regulators debunk Toncoin visa rumors, stressing no crypto-linked residency exists; investors urged to rely on official guidance amid rising misinformation. ‘, ‘ 🚀 Advanced Trading Tools Await You!Maximize your potential. Join now and start trading! ‘, ‘ 📈 Professional Trading PlatformLeverage advanced tools and a wide range of coins to boost your investments. Sign up now! ‘ ]; var adplace = document.getElementById(“ads-bitget”); if (adplace) { var sessperindex = parseInt(sessionStorage.getItem(“adsindexBitget”)); var adsindex = isNaN(sessperindex) ? Math.floor(Math.random() * adscodesBitget.length) : sessperindex; adplace.innerHTML = adscodesBitget[adsindex]; sessperindex = adsindex === adscodesBitget.length – 1 ? 0 : adsindex + 1; sessionStorage.setItem(“adsindexBitget”, sessperindex); } })(); UAE Regulatory Authorities Refute Toncoin Golden Visa Claims In a decisive move to curb misinformation, the United Arab Emirates’ Federal Authority for Identity, Citizenship, Customs and Port Security (ICP), Securities and Commodities Authority (SCA), and Virtual Assets Regulatory Authority (VARA) jointly dismissed circulating reports that Toncoin holders could secure golden visas by staking their tokens. This clarification comes amid growing speculation on social media and crypto forums, which falsely linked blockchain assets to immigration benefits. The agencies reaffirmed that long-term residency visas are granted only to select groups such as real estate investors, entrepreneurs, and individuals with exceptional talents, based on established legal frameworks rather than digital asset ownership. Impact on Toncoin Market and Investor Sentiment Following the official denial, Toncoin’s market value experienced a noticeable decline, reflecting investor disappointment…

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Filed under: News - @ July 7, 2025 6:25 am