Zhao Changpeng commented on the matter of 'TON providing UAE golden visas to eligible stakers' saying: 'Is it true? If it is true, that would be fantastic. But so far, the information I have received is contradictory. Although TON's news states that investors staking $100,000 on TON plus a $35,000 fee can obtain a golden visa for the UAE, some say that the $35,000 fee is actually for transferring the application to an agent, who typically only charges $10,000. Furthermore, the description on the website is not clear, giving the impression that 'the $35,000 + $100,000 stake' guarantees obtaining a golden visa, but the actual situation has not been confirmed. Some claim that this project has been approved by the DAO of Ras Al Khaimah (RAK), but it has not been verified through official channels. Some say that regulatory authorities VARA, ADGM, and SCA have all indicated that staking is a regulated activity, while the TON Foundation does not have the required licenses. [Coin World]

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