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#BinanceTurns8 Binance y sus regalitos, Te ayudan a Ser un mejor trandin ¡Únete a la celebración de #BinanceTurns8 y gana hasta 888,888 USD En BNB ñ!
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The incident of TON with the "Golden Visa" of the United Arab Emirates demonstrates the importance of legal reviews
The TON Foundation could have avoided the controversy over the Golden Visa in the United Arab Emirates with a brief legal review, according to a local lawyer who spoke to Cointelegraph.
The mistake of The Open Network (TON) Foundation with the Golden Visa (or golden visa) in the United Arab Emirates (UAE) highlights the need to comply with legislation and conduct proper review, a local lawyer has stated.
The premature announcement about TON's Golden Visa in the UAE aimed to benefit the community, but it ran into the complex local regulations regarding cryptocurrencies, according to Irina Heaver, founder of NeosLegal.
With five regulators overseeing the activity of cryptocurrency service providers (CASP) in the UAE and the strict marketing rules of Dubai's Virtual Assets Regulatory Authority (VARA), ensuring compliance with local regulations requires proper legal assessment.
"Even with the support of local government officials, it is necessary to promote cryptocurrency transactions in full compliance with federal and local laws," Heaver told Cointelegraph, adding that activities regulated by CASP, such as staking and token-related offerings, require special attention.
The incident of TON's Golden Visa: timeline of events
The TON Foundation announced last Saturday the Golden Visa program, which it said would include a Toncoin staking program
TON
€2.35
that would offer golden visas to holders to enter the UAE.
A group of UAE regulators quickly denied the news on Sunday, issuing a joint statement asserting that no golden visas are issued to holders of digital assets. VARA emphasized that the company behind TON is neither authorized nor regulated by the agency#BinanceTurns8 #BTCWhaleMovement
The TON Foundation could have avoided the controversy over the Golden Visa in the United Arab Emirates with a brief legal review, according to a local lawyer who spoke to Cointelegraph.
The mistake of The Open Network (TON) Foundation with the Golden Visa (or golden visa) in the United Arab Emirates (UAE) highlights the need to comply with legislation and conduct proper review, a local lawyer has stated.
The premature announcement about TON's Golden Visa in the UAE aimed to benefit the community, but it ran into the complex local regulations regarding cryptocurrencies, according to Irina Heaver, founder of NeosLegal.
With five regulators overseeing the activity of cryptocurrency service providers (CASP) in the UAE and the strict marketing rules of Dubai's Virtual Assets Regulatory Authority (VARA), ensuring compliance with local regulations requires proper legal assessment.
"Even with the support of local government officials, it is necessary to promote cryptocurrency transactions in full compliance with federal and local laws," Heaver told Cointelegraph, adding that activities regulated by CASP, such as staking and token-related offerings, require special attention.
The incident of TON's Golden Visa: timeline of events
The TON Foundation announced last Saturday the Golden Visa program, which it said would include a Toncoin staking program
TON
€2.35
that would offer golden visas to holders to enter the UAE.
A group of UAE regulators quickly denied the news on Sunday, issuing a joint statement asserting that no golden visas are issued to holders of digital assets. VARA emphasized that the company behind TON is neither authorized nor regulated by the agency#BinanceTurns8 #BTCWhaleMovement
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#Write2Earn 1$ to20$ every day free earnings $XRP join now free $USDC
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#DeepSeekImpact DeepSeekImpact built on the foundation of the Chinese AI DeepSeek, was able to convert 0.1 SOL into 52 SOL (around $12,500). To achieve this, it chose the Pumpfun platform. According to its words, the process does not require programming skills. The instruction that helped him win on Pumpfun using DeepSeek, the crypto community participant shared on his X. Nonzee claims he managed to gather a database of 500 thousand tokens on Pumpfun, using DeepSeek. The system, according to his words, allows analyzing risks, finding patterns, and executing operations with high profitability.
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