In accordance to breaking news, the news that Toncoin (TON) merchants were granted a “golden visa” within the United Arab Emirates (UAE) became as soon as denied by reliable authorities.
The Federal Agency for Identification, Citizenship, Customs and Port Security (ICP), the Securities and Commodities Authority (SCA) and the Virtual Sources Law Authority (VARA) made a joint statement, mentioning that these claims circulating on some websites and social media platforms stop now no longer specialise within the truth.
Following the increase, there became as soon as a unexpected plunge within the TON tag:
The ICP statement acknowledged that golden visas are completely granted inner the framework of formally licensed requirements, and that these requirements stop now no longer encompass digital forex investments. Eligible courses encompass right estate merchants, entrepreneurs, noteworthy expertise, scientists and consultants, profitable students and graduates, humanitarian back pioneers and frontline workers right through the pandemic.
The Securities and Commodities Authority (SCA) additionally acknowledged in a statement that the UAE adheres to international requirements in monetary sector regulation and prioritizes transparency and investor self belief. The SCA illustrious that digital asset investments are arena to particular laws and wouldn’t hold any whisper connection to the golden visa program. Investors are additionally entreated to transfer searching for files completely from reliable sources to manual obvious of misinformation and scams.
The Dubai-essentially based fully Virtual Sources Regulatory Authority (VARA) additionally categorically denied claims that digital asset merchants got golden visas. VARA strongly instructed that merchants completely transact with fully licensed and controlled companies. The statement emphasised that shopper protection is a precedence in products and providers and investments linked to virtual sources. VARA additionally acknowledged that the firm named “TON” is now no longer licensed or regulated by the institution.
*Right here is now no longer investment advice.
