#AlarmingNews
🚨 UAE Golden Visa via $TON Staking? CZ Urges Caution! 🚨
The Ton Foundation claims you can snag a 10-year UAE Golden Visa by staking $100K in TON tokens for 3 years + a $35K processing fee. Sounds tempting, right? But Binance's CZ is skeptical. 🤔
🔍 Why the doubt?
• $35K processing fee is steep compared to typical $1K visa costs.
• No official UAE gov announcement to back the claim.
• Staking is regulated—TON would need licenses from VARA, SCA, or ADGM.
• Global regulators (like the SEC) are cracking down on crypto staking.
CZ says: "No official gov websites confirm this. It'd be awesome if true, but I'm waiting for proof." He’s even eyeing a BNB staking solution if this pans out! 👀
📈 TON's on Fire!
• TON token up 6% to $2.90, hitting $3.05 recently.
• Market cap: $7.17B.
• Daily volume spiked 607% to $643.4M!
Will this visa deal hold up, or is it too good to be true? Stay tuned for an official UAE announcement! 👀