Yesterday, the TON Basis claimed that staking $100K in Toncoin ($TON) for 3 years, plus a one-time $35K processing payment, would qualify holders for a 10-year UAE Golden Visa.
However Binance’s CEO Changpeng Zhao (CZ) debunked the declare. He questioned its legitimacy and identified that there was no official authorities affirmation.
The next day, UAE regulators issued a joint assertion denying any such program. They emphasised that Golden Visas are usually not issued primarily based on crypto holdings.
The visa program had been getting plenty of consideration these days, following the inclusion of recent eligible professions on the checklist. Introduced in Might this yr, the visa reform now contains content material creators and digital influencers.
Nonetheless, different crypto initiatives like SUBBD Token are gaining huge traction because the overlap between AI instruments, on-line content material, and crypto grows.
$TON Spikes 12% on False UAE Golden Visa Claims
Traders initially responded with optimism to the false announcement, as evidenced by TON Basis’s native token – $TON – spiking by ~12%.
Following the correction by CZ and regulators, $TON nosedived by ~7.5%.
The Federal Authority for Identification and Citizenship, the Securities and Commodities Authority (SCA), and the Digital Belongings Regulatory Authority (VARA) clarified that Golden Visas stay reserved for conventional routes, together with actual property buyers and entrepreneurs (now including on-line content material technology to the checklist).
VARA emphasised that TON is neither licensed nor regulated in Dubai, urging residents and buyers to work solely with registered platforms.
Collectively, they proved that CZ’s cautious ‘belief however confirm’ stance warning was spot on; no official paperwork or partnerships surrounding the controversy had been ever confirmed.
Apparently, earlier than CZ debunked the claims, he did say it might be superior if true. And if it had been true, he’d ‘attempt to get it on BNB too.’
Regardless of this fiasco, the UAE isn’t anti crypto by an extended shot, as evidenced by the nation’s latest push towards tokenized real-world belongings. And by itself phrases.
There’s nonetheless room for crypto on the desk. And with the nation’s latest visa reforms, we may see much more information about crypto and content material influencers within the UAE.
SUBBD Brings AI & Crypto Monetization to the Creator Financial system
By fueling creator content material, fan engagement, and unique digital entry via a blockchain-compatible, AI-powered platform, the SUBBD ecosystem turns social media into an ownable, tradeable, and reward-generating experiences.
Not like hype-driven crypto initiatives, it’s grounded in utility. By buying the platform’s native token, $SUBBD, you may stake the coin for VIP perks at a 20% APY, partake in platform governance, and entry premium experiences and content material.
Suppose you’re a creator, you’ll additionally respect its AI-driven automation instruments (profile creation, voice notes, a video editor and generator, and livestreams), plus crypto-focused monetization. There’s additionally an AI Influencer Creation instrument within the making.
Talking of influencers, these utilizing the SUBBD platform can reap vital advantages. After becoming a member of the challenge, you’ll acquire entry to your personal AI assistant to streamline content material and fan interactions. Moreover, you may increase your revenue by chopping out third-party commissions.
In the meantime, in the event you’re a fan, SUBBD provides you the facility to attach along with your favourite creators and influencers, decrease your charges, and entry unique content material with out intermediaries.
Because of this, the SUBBD ecosystem has already attracted over 2K top-earning creators, related with 250M+ followers, and raised $755K+ on presale. The challenge is now in Section 2 our of three, with the token able to checklist on exchanges later in 2025.
Be a part of $SUBBD for Potential 438%+ Good points
Simply as Dubai’s push for RWA tokenization proves crypto is rapidly gaining traction in actual property, SUBBD does the identical for the media and leisure business.
It brings construction, transparency, and scalability to an enormous business in want of Web3 distribution, all whereas remaining user-friendly and compliant with laws.
This isn’t monetary recommendation. When making crypto investments, all the time conduct thorough due diligence and by no means make investments greater than you may afford to lose.
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