On July 7, the $TON Foundation officially released a statement clarifying that recent news circulating on social media X about a partnership with the UAE government to provide golden visas is premature. The foundation stated that the related plan is only an independent exploration with an authorized partner focusing on blockchain infrastructure, and is still in the early stages of development, without formal approval or recognition from the UAE government. The $TON Foundation supports the joint statement issued by the UAE Federal Authority for Identity, Citizenship, Customs and Port Security (ICP), the Securities and Commodities Authority (SCA), and the Virtual Assets Regulatory Authority (VARA), confirming that it has not approved any digital residency or investment visa programs. [Deep Tide TechFlow]
On July 7, the TON Foundation officially released a statement clarifying that recent news circulating on social media X about a partnership with the UAE government to provide golden visas is premature. The foundation stated that the related plan is only an independent exploration with an authorized partner focusing on blockchain infrastructure, and is still in the early stages of development, without formal approval or recognition from the UAE government. The TON Foundation supports the joint statement issued by the UAE Federal Authority for Identity, Citizenship, Customs and Port Security (ICP), the Securities and Commodities Authority (SCA), and the Virtual Assets Regulatory Authority (VARA), confirming that it has not approved any digital residency or investment visa programs. [Deep Tide TechFlow]