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Very strange. TON is a very reputable company, and affiliated with Telegram, or at least it used to, as far as I know. You wouldn't expect them to mess up this way. Either that, or this was communicated very poorly.

I agree, I was caught by that news that it seems a genuine partnership from TON and UAE but it's good that this partnership isn't real. And the authorities are clarifying and denying that there is no such golden visa ticket just by staking $100k worth of TON + processing fee. Well, it's nice that they have made it clear.

Okay, let's tie some of the pieces together. Ton network is affiliated with Telegram platform, and Telegram founder Pavel Durov obtained Emirati citizenship and has resided there since his recent release from France. Could these recent updates signal cooperation between Telegram's founder and the UAE authorities as part of an experiment to support Ton in exchange for the UAE receiving significant investments to strengthen its technological infrastructure? These are just speculations, which I find somewhat plausible, given that there has been no official explanation for this development.

Did you not read this reply? As of now it looks like this was a case of fake news. Although if it were real, I wonder what amount of corruption is needed to get a program like this going. Cheesy

Quote from: klarki on July 06, 2025, 11:39:51 PM

No golden visa for digital currency investors in UAE, authorities clarify:

Quote

ABU DHABI, 6th July, 2025 (WAM) -- The Federal Authority for Identity, Citizenship, Customs and Port Security (ICP), the Securities and Commodities Authority (SCA), and the Virtual Assets Regulatory Authority (VARA) have issued a joint statement denying reports circulating on certain websites and social media platforms that claim the UAE grants golden visas to investors in digital currencies.

The ICP clarified that golden visas are issued according to clear and officially approved frameworks and criteria, which do not include digital currency investors.

Source link: https://www.wam.ae/en/article/15nmo29-golden-visa-for-digital-currency-investors-uae

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