Toncoin (TON) Foundation Clarifies No UAE Government Ties to Digital Residency Program

The TON Foundation has quickly addressed misunderstandings about its digital residency program, clarifying that it does not have official support from the United Arab Emirates government. Recent social media buzz had mistakenly associated the blockchain project with a UAE-sponsored Golden Visa program.

Contrary to recent reports, Toncoin's staking-based residency initiative is an independent effort partnered with a blockchain infrastructure provider. "We appreciate the community's excitement but need to set the record straight," the foundation stated, refuting claims of government backing.

This clarification emerges as crypto-linked residency programs grow in popularity worldwide, with projects testing tokenized alternatives to conventional immigration routes. TON's model—connecting digital residency to asset staking instead of income requirements—highlights the industry's broader exploration of blockchain applications beyond finance.