TechFlow news, July 7 — According to the Emirates News Agency (WAM), the UAE's Federal Authority for Identity, Citizenship, Customs and Port Security (ICP), Securities and Commodities Authority (SCA), and Virtual Assets Regulatory Authority (VARA) jointly issued a statement denying online claims that the UAE is offering golden visas to cryptocurrency investors. VARA stated that TON Company neither holds a license from nor is regulated by VARA.
ICP clarified that the issuance of golden visas follows a clear official framework and set of standards, which do not include cryptocurrency investors. Eligible categories include real estate investors, entrepreneurs, outstanding talents, scientists and experts, high-achieving students and graduates, humanitarian pioneers, and frontline workers.
The three authorities jointly urged the public to obtain accurate information through official channels and warned against believing unverified advertisements or offers circulating online.
Previous report, Ton announced that Toncoin has partnered with the UAE to offer 10-year golden visas to TON stakers.
