The mention of the idea of a golden visa backed by BNB by CZ has just set the community on fire. This nod to the TON network initiative, which offers a 10-year visa in exchange for staking Toncoin, reignites the debate on the concrete use of cryptocurrencies. Accessing residency in the Emirates via crypto? The concept intrigues as much as it questions, caught between a strategy of fiscal attraction and regulatory void. Will Binance take the plunge or wait for an official green light?
๐In brief
Changpeng Zhao (CZ), former CEO of Binance, spoke about the possibility of a golden visa program for BNB holders, inspired by a model recently launched by TON.
The Open Network (TON) had announced a 10-year visa in the Emirates in exchange for staking $100,000 in Toncoin and paying $35,000 in fees.
This TON program promised a yield of 3 to 4 % per year and a fast procedure but received no validation from Emirati authorities.
In response to this controversial announcement, CZ reacted cautiously, questioning the veracity of the TON program while hinting that a similar model could be considered for BNB.