Recent rumors regarding Toncoin investors receiving a 'golden visa' in the UAE have been denied by official authorities.
Official Denial
The Federal Authority for Identity, Citizenship, Customs and Port Security (ICP), the Securities and Commodities Authority (SCA), and the Virtual Assets Regulatory Authority (VARA) issued a joint statement confirming that the claims circulating on some websites and social media platforms are not true.
Impact on Toncoin Price
Following the statement, there was a sudden drop in the price of Toncoin. The graph illustrates the decline in the value of the token, reflecting the market's negative reaction to the false news. 
Investor Recommendations
The SCA urged investors to seek information only from official sources to avoid misinformation and scams. VARA strongly recommended that investors only transact with fully licensed and regulated companies, emphasizing that consumer protection is a priority in virtual asset services.
UAE authorities have denied the rumors about the 'golden visa' for Toncoin investors and reiterated the current regulations regarding investments in virtual assets.
