watch
UAE Denies Gold Visa for TON Staking, Price Corrects
The claim that a golden visa can be obtained through staking TON has been officially denied by several UAE authorities (ICP, SCA, and VARA). They clarified that golden visas are issued only under specific approved criteria, and investments in digital assets do not qualify for such visas. Additionally, they stated that the TON company does not have a license or regulation from VARA. This false information led to a 3.5% decline in TON's price, which currently stands at $2.83, up by 3.06%.
Source available for registered users Sign Up Free
AI Analysis
The recent situation involving TON illustrates the impact of regulatory clarity and misinformation on cryptocurrency prices. The authorities in the UAE have issued a clear statement denying the availa...
AI Recommendation
Given the official denial by the UAE authorities and the lack of licensing for TON, it is advisable for investors to exercise caution. The false claim regarding golden visas has caused a temporary pri...
Disclaimer
The AI analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.
You might also be interested in:
past top pick
don't buy
strong buy