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UAE Shuts Down Rumors: No Golden Visa for Toncoin Staking—Here’s What Really Happened

UAE Shuts Down Rumors: No Golden Visa for Toncoin Staking—Here’s What Really Happened

Author:
Coindesk
Published:
2025-07-07 04:23:21
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UAE Authorities Debunk Reports of Getting Golden Visa by Staking Toncoin

Dubai’s immigration authorities just dropped the hammer on viral claims that staking Toncoin could fast-track your Golden Visa application. Spoiler: It doesn’t.

Why the fuss? The rumor mill went into overdrive after speculative tweets suggested the UAE was crypto-bribing wealthy investors. Officials responded with a rare public smackdown—no shortcuts, no backdoors.

The reality? While the Emirates loves blockchain innovation, residency still requires old-school proof: investments, talent, or cold hard cash. But hey, at least they didn’t blame 'market conditions' this time.

Pro tip for crypto hopefuls: If a visa scheme sounds too good to be true, it’s probably another 'stablecoin' in disguise.

|Square

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