TON Foundation Denies UAE Golden Visa Claims Amid Regulatory Pushback

The TON Foundation has refuted claims of an official UAE Golden Visa initiative tied to its blockchain project, distancing itself from social media promotions that suggested residency could be obtained through token staking. UAE authorities have categorically denied any involvement, emphasizing existing eligibility criteria for Golden Visas that exclude digital asset holdings.

Promotional materials circulating over the weekend falsely advertised a pathway to UAE residency requiring $100,000 in staked TON tokens plus a $35,000 fee—positioned as an alternative to traditional real estate investments. The claims were swiftly rebuked by three UAE regulatory bodies in a rare joint statement on July 7.

Federal authorities clarified that Golden Visas remain restricted to qualified investors, entrepreneurs, and professionals in designated fields. The Securities and Commodities Authority noted VIRTUAL assets operate under separate legal frameworks unrelated to immigration, while VARA confirmed TON lacks authorization to operate in the UAE market.