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Vara says ton is not controlled


United Arab Emirates (UAE) Authorities are sharply re -revised by reports of individuals who get a golden visa of UAE by staking toncoin

.

The federal authority for identity, citizenship, custom and security in port

the authority of security and goods (Sca)and Dubai’s Crypto Regulator Virtual Asset Regulatory Authority (Be), released a statement on Monday Rejecting any such arrangement.

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The ICP said gold visa frameworks still do not include digital currency investors. Vara reiterated that TON is not licensed or regulator controlled.

On the weekend, Max Crown, CEO of Ton Foundation.

Crown added that applicants who hold $ 100,000 worth of Toncoin in three years and pay a one-time processing fee of $ 35,000, can now obtain a 10-year gold visa.

TON advanced 12% after the announcement jumping to nearly $ 2.9.

In May, Telegram founder Pavel Durov said the messaging platform cooperated with Elon Musk’s artificial intelligence firm, Xai. Soon, Musk clarified that the deal is yet to be signed.

Read more: Ton Surge on UAE Golden Visa News; The crypto community reacted to chaos and doubt



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