Toncoin Surges After UAE Unveils Crypto-Backed Golden Visa Program
MacroeconomicsDeFi
BeInCrypto·byOluwapelumi Adejumo
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Toncoin (TON), the native token of The Open Network, has recorded a double-digit price jump of over 10%. This surge followed the project’s unveiling of an innovative Golden Visa program in partnership with the United Arab Emirates (UAE). The initiative allows participants to secure long-term residency by staking cryptocurrency instead of meeting traditional real estate or income thresholds. UAE Disrupts Visa Model with New TON Staking Route to Residency According to official details , applicants can qualify for a 10-year UAE Golden Visa by staking $100,000 worth of TON and paying a one-time processing fee of $35,000. The staked tokens...
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