UAE Shuts Down Rumors: No Toncoin Partnership for Golden Visas—Crypto Hype Hits Another Wall
Dubai’s crypto dream hits a speed bump—again. UAE officials just slammed the brakes on viral claims that Toncoin (TON) would power its golden visa program. No blockchain magic here, folks.
Another 'crypto solves everything' narrative crumbles. The Middle East’s financial hub isn’t handing out residency based on meme-worthy tokenomics—surprise, surprise.
Active denials from regulators suggest someone’s PR team overplayed their hand. Meanwhile, speculators who FOMO’d into TON on the rumor are now stuck holding bags. Classic crypto casino behavior.
Pro tip: Next time you hear 'government blockchain partnership,' check if it’s backed by more than a Telegram post and hopium.