UAE Shuts Down Golden Visa Rumors for Crypto Investors
- Publish date: Monday، 07 July 2025 Reading time: 1 min read
UAE warns investors: No shortcuts to Golden Visa through crypto like Toncoin. Stick to legit channels only.
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The UAE has officially shut down the buzz claiming that cryptocurrency holders—specifically Toncoin investors—can score a Golden Visa just by staking digital assets.
Over the weekend, Max Crown, CEO of the Ton Foundation, fired up social media by saying Toncoin holders could grab the UAE’s 10-year Golden Visa for a $35,000 fee plus some crypto staking. But UAE authorities weren’t having it.
Here’s What’s Actually True
The Federal Authority for Identity and Citizenship (ICP), Securities and Commodities Authority (SCA), and Dubai’s Virtual Assets Regulatory Authority (VARA) released a joint statement saying this simply isn’t true.
Golden Visas are strictly reserved for specific groups like:
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Property investors
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Entrepreneurs
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Scientists and experts
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Outstanding students
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Humanitarian leaders
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Frontline workers
Crypto investors? Not on the list.
VARA Clears the Air on Toncoin
VARA added that Toncoin isn’t even licensed or regulated in Dubai. They reminded crypto companies to follow the proper government visa processes—no shortcuts, no workarounds.
Public Advisory: Don’t Fall for the Hype
Authorities warned everyone to stop trusting viral posts and ads promising Golden Visas for crypto investors. If you’re investing in digital assets, get your info from official government sites, not random tweets.
For real Golden Visa criteria, check the ICP official website and skip the scams.