Toncoin turbulence: VAE industrial authorities deny golden visa rumors!

Toncoin turbulence: VAE industrial authorities deny golden visa rumors!

Vereinigte Arabische Emirate - What's in the world of cryptocurrencies? In the past few days, an exciting chapter about the sound gold visa has developed for Toncoin investors. On July 6, Max Crown, CEO of the Ton Foundation, announced an initiative that caused some of the crypto community. According to his announcement, Toncoin holder could receive a 10-year golden visa of the United Arab Emirates (VAE) if they stake $ 100,000 in Toncoin for three years and pay a one-time fee of $ 35,000. That sounds like a tempting opportunity for crypto enthusiasts, isn't it?

The planned program would enable investors to live and work in the VAE without the typical hurdles associated with traditional Golden-Visa programs. No real estate purchases or income limits are required here, and even family members could be included without additional costs. According to Crown, it is a capital -efficient alternative to existing programs that usually require an investment of around 540,000 USD.

The rotations in the crypto community

The proposal as tempting appears, so there are justified doubts within the crypto community. After the announcement, Toncoin experienced a price increase of over 12 percent, but then quickly fell back to $ 2.8 after a Dementi of the VAE authorities. These authorities rejected the claims that it was possible to acquire the golden visa by staking sound. They explained that such visas were tied to officially approved criteria that do not include crypto stocks.

Bobby ONG from Coingecko expressed that the partnership with the sound foundation could be interesting for major investors, but hopes for long -term stability. Joe Hedfife warned that the law firm Ton acts as a proxy. Changpeng Zhao, better known as CZ, also found clear words and emphasized that there would be little to celebrate without the government's official confirmation.

What plans Changpeng Zhao?

While the crypto world is turmoil, Changpeng Zhao, the CEO of Binance, has also announced plans for a similar Golden Visa program for BNB owners in the VAE. However, he has not received any official confirmation for this. Zhao explained that the process also requires a staking system of $ 100,000 for three years and a fee of USD 35,000. The advantages would be the same: life, work and lead a company in the VAE, without any sponsor.

The interest in cryptocurrencies in the VAE is growing steadily, with the trading volume increasing by 25 % in the last quarter. But will that actually cause a market change? An anonymous analyst expressed concerns that without an official partnership with the government, the acceptance of such programs remains doubtful, which makes an interesting test for regulating crypto-assets in the region.

The outlook

Although the idea of ​​a gold visa for crypto investors sounds promising, it is advisable to keep an eye on developments. In the coming weeks, further news and possibly a more stable basis for such programs could be shown. Until then, the topic of the Golden Visas in the VAE remains exciting for crypto enthusiasts and investors.

If you would like to learn more about these developments, you can report the reporting of Coindesk here href = "https://news-krypto.de/maerkte-im-fokus/binance-ceo-zhao-prueft-moegliche-golden-visabote-in-den-vae/"> can explore here.