Binance, previously led by Changpeng Zhao, may introduce a program offering a UAE golden visa for its BNB token holders.
Visa Application Requirements
According to reports, to obtain the golden visa, TON holders need to pay a one-time fee of $35,000 and stake $100,000 worth of tokens for three years.
Benefits of the Golden Visa
The golden visa allows holders to work, study, and live in the UAE without needing a sponsor. It also enables full business ownership in the country and access to private services.
Comment from Changpeng Zhao
Changpeng Zhao stated, "I'd expect something like this to have a government partnership, and announcement." He has not verified the proposal's authenticity.
It remains uncertain whether Binance will implement such a program. Nevertheless, the golden visa proposal represents an intriguing step within the cryptocurrency industry, although it is not an official government initiative.
