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flag UAE clarifies digital currency investments don't qualify for "golden visa," causing a drop in Toncoin value.

flag The UAE authorities have clarified that digital currency investments do not qualify for the country's "golden visa," a long-term residency permit. flag This denial comes after reports suggested that staking digital currencies could secure the visa. flag The authorities stressed that the visa is granted to specific categories, such as real estate investors and entrepreneurs, and urged the public to verify information from official sources. flag The clarification led to a drop in the value of the Toncoin cryptocurrency.

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