TON offers 10-year UAE golden visa for $100K in staked Toncoin
2025-07-06 10:58:18
Main Idea
The Open Network (TON) offers a UAE Golden Visa program requiring $100,000 in staked Toncoin (TON) for three years, significantly reducing the usual investment threshold by 80% and providing a pathway to residency for crypto investors and their families.
Key Points
1. TON's UAE Golden Visa program requires staking $100,000 worth of TON for three years, cutting the conventional $540,000 investment requirement by 80%.
2. The visa processing and residency status confirmation will be managed by UAE-based partners, with the program verifiable via TON's decentralized smart contract.
3. The Golden Visa covers immediate family members and aims to be secured within seven weeks from document submission.
4. Following the announcement, Toncoin's price surged over 10%, though it remains down by more than 60% over the past year.
5. The program aligns with the UAE's strategy to become a blockchain hub, as evidenced by initiatives like the Dubai Financial Services Authority's support for real-world asset tokenization and the influx of crypto companies into Dubai's free zones.
Description
TON launches UAE Golden Visa program requiring just $100,000 in staked TON, cutting the usual entry cost by 80%.
Latest News
- Crypto adoption will be driven by high-growth markets, with or without the US2025-07-06 15:08:34
- Bitcoin 'cup and handle' breakout gives $230K target as SOL eyes 2800% gain2025-07-06 13:37:21
- Vitalik proposes gas cap to enhance Ethereum security, stability2025-07-06 13:11:18
- TON offers 10-year UAE golden visa for $100K in staked Toncoin2025-07-06 10:58:18
- Secret Service seizes $400M in crypto, cold wallet among world’s largest2025-07-06 07:16:50