Reported about 12 hours ago
On July 6, the TON Foundation's CEO announced a new initiative allowing toncoin holders to apply for a 10-year UAE Golden Visa by staking $100,000 in tokens. This development led to a 12% surge in toncoin's price, although it sparked skepticism within the crypto community regarding the initiative's legitimacy and the role of a third-party legal firm in the process. Critics caution that the program may serve more as a marketing tactic rather than a genuine pathway to residency, emphasizing the need for confirmed partnerships and governmental recognition.
Source: YAHOO