UAE officials clarify: Cryptocurrency investors are not eligible for golden visas

Planet News - The Federal Identity, Citizenship, Customs and Port Security (ICP), Securities and Commodities Authority (SCA), and Virtual Asset Regulatory Authority (VARA) jointly issued a statement denying reports circulating on certain websites and social media platforms about granting golden visas to digital currency investors in the United Arab Emirates. ICP stated that golden visa issuance follows a clear and officially approved framework and standards, which do not include digital currency investors, with eligible parties including real estate investors and outstanding talents. SCA reiterated regulating finance according to international standards, emphasizing that digital currency investment has specific regulations unrelated to golden visas, and urged investors to obtain information through official channels. VARA also denied issuing golden visas to virtual asset investors in Dubai, calling on investors to only collaborate with regulated companies and clarifying that TON company has not received its regulatory permission. The three parties called on the public to be cautious and refer to official sources for information. (WAM) Previously reported, Toncoin was collaborating with the UAE to offer 10-year golden visas to TON stakers.