TON & UAE Golden Visa Controversy | $100K Price Tag in Staked Toncoin
Edited By
Haruto Yamamoto
In a recent development, claims surfaced regarding a 10-year golden visa in the UAE for investors using Toncoin. However, local authorities swiftly shut down these assertions, urging caution among the crypto community.
Authorities Respond
On 6th July 2025, the Federal Authority for Identity, Citizenship, Customs and Port Security (ICP), alongside the Securities and Commodities Authority (SCA), clarified that no golden visas are available for digital currency investors. This statement aims to combat misinformation circulating in forums and social media.
“The UAE does not grant golden visas to investors in digital currencies,” officials noted.
Public Reaction
Concern Over Misinformation: Users reacted critically, with one user pointing out, "It smells like pee."
Questions About Visa Types: Curiosity sparked discussions about how a golden visa differs from a regular visa, leading many to seek clarity.
Previous Crypto Hype: Echoes of past incidents, including the Wal-Mart and LTC partnership, surfaced as users recalled unpredictable market reactions.
Key Takeaways
🔍 No golden visa for crypto investors confirmed by authorities
🤔 Confusion remains about visa classifications among people
📈 Users reflect on volatile past crypto events
While the golden visa claims may have initially sparked interest, the swift denial from authorities underscores the importance of verifying information in the fast-paced world of cryptocurrency. Can the community move past this confusion and focus on tangible investments, or will skepticism linger?
What's Next for Crypto Investors?
Looking ahead, there's a strong chance that misinformation surrounding crypto investment opportunities will continue to cause confusion among people. Experts estimate that as digital currencies gain traction, we may see regulators tightening rules to clear up misunderstandings. This could result in clearer guidelines for visas related to tech investments. At the same time, crypto enthusiasts might focus more on validated projects, moving away from unproven claims. It's crucial for them to remain vigilant, as the landscape evolves and the need for verified information grows stronger.
Echoes from History's Financial Fads
The situation resembles the dot-com bubble in the late '90s, where hype around internet startups led many to invest blindly. Just as some investors lost fortunes due to misleading information, the current crypto environment faces similar risks. The lesson from that era shows the importance of discerning which projects hold real promise versus those that are mere mirages. As the crypto community grapples with the fallout from the UAE's recent clarification, it might find itself reflecting on how past trends in tech investing shaped the way people approach their finances today.