The price of Ton collapses after clarification of the Government of Arab Emirates
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Authorities of Arab Emirates encourage to consult official government sites.
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According to the Ton organization, the alliance is not with the government but with a travel agency.
The tancoin cryptocurrency (Ton) experienced a 12% rise in its value, going from 2 to 3 dollars, after an announcement of The Open Network (Ton) team, a network to which the digital asset belongs, on July 6.
The organization said that investors who kept $ 100,000 in Tincoin for at least three years They could request a 10 -year -old golden visa in Arab Emirates. The news generated enthusiasm in the market, promoting the price of cryptocurrency.
Next, the performance of the Ton price can be seen in a graph:
However, Emirates Arab denied that the information is true (although, indeed, it was given by the Ton Network developer to its website).
The Federal Authority for Identity, Citizenship, Customs and Port Safety, together with the Authority of Basic Securities and Products (SCA) and the Dubai Virtual Assets Regulatory Authority, clarified that golden visas are issued under strict criteria that do not include cryptocurrency investors.
“The eligible categories are real estate investors, businessmen, exceptional talents, scientists, specialists, outstanding students, humanitarian pioneers and first -line workers,” they said.
In addition, the authorities indicated that Ton is not regulated by rod or license to operate in this area.
The Ton organization had promoted an alliance with Peravel, a travel agency specialized in cryptocurrency, but, given the lack of clarifications, many thought it was an official program to obtain visas in the United Arab Emirates, as Criptonoticias reported.
The authorities urged citizens to consult only the official government websites for reliable information about visas.
After these clarifications, The Tancoin price collapsed, as can be seen in the image above, reflecting the confusion in the market.
