The Crypto Binance Exchange envisages golden visas for the Emirates for BNB holders

The evocation of the idea of ​​a golden visa backed by BNB by CZ has just ignited the community. This nod to the initiative of the Ton network, which offers a 10 -year visa against Stoking in Toncoin, revives the debate on the concrete use of cryptos. Access the residence to the Emirates via a crypto? The concept intrigues as much as it questions, between strategy of tax attraction and regulatory emptiness. Will Binance take the plunge or will he expect an official green light?

Tone and mirage of the Golden Visa Emirati

This July 6, The Open Network (Ton), a blockchain project supported by Telegram, published an offer promising a 10 -year residence visa to the United Arab Emirates, accessible via the $ 100,000 sting in Toncoin (tone), while the network had undergone a technical failure on 1^er June.

Added to this was a single processing fee of $ 35,000. In The official press releaseYour assured that ” The issuance of the visa could intervene in less than 7 weeks from the filing of documents“, And that the program covered direct family members (spouses, children and parents) at no additional cost outside standard administrative costs.

The program was based on a smart contract guaranteeing funding by the user during the blocking period, while offering an estimated yield of 3 to 4 % per year.

The details of the offer were presented as an alternative more accessible to the classic roads for obtaining the Golden Visa. Your highlights an entry cost much lower than that of traditional routes, as evidenced by the summary below:

• The amount required: $ 100,000 of your stakes for 3 years, against $ 500,000 minimum via real estate;
• Processing costs: $ 35,000;
• The cover: the visa extends to the nearby family;
• The delay announced: less than 7 weeks;
• Fund control: kept via a non-custodial contract on the tone blockchain;
• The performance announced: 3 to 4 % per year on immobilized tokens.

However, this initiative was quickly denied by the local authorities. In an official message, the Emirati regulators, the ICP (Federal Authority for Identity and Citizenship), the SCA (Securities and Commodities Authority) and the Vara (Virtual Assets Regulatory Authority), have declared that ” Cryptos investors are not among the categories eligible for golden visas».

The press release also specifies that Ton is not regulated by the Vara, and that the announced program does not benefit from any government approval. This clarification underlines that, despite the massive use of the term “Golden Visa”the program was of private initiative, without recognized legal framework.

Cz delays and envisages a BNB model, but requires guarantees

In the wake of the Ton affair, Changpeng Zhao, also spoke. On the social network X (ex-Twitter), he reacted with caution, publicly questioning the validity of the Ton program: ” It's true ? It would be great if this is the case. But so far I have received contradictory information “ he wrote.

A few hours later, CZ revealed that the Crypto Binance Exchange could reflect on a similar offer for BNB holders: a program based on the stuking of the Binance ecosystem native, in exchange for access to the long -term residence in the Emirates.

However, the former leader took care to qualify his remarks, insisting on the need to validate any initiative to the competent authorities.“I would expect a project like this to be supported by a government partnership and be the subject of an official announcement. It can always be true, I just say that I could not verify it ”he clarified.

This position slices with the approach adopted by tone, which seems to have anticipated on regulatory validation. CZ, who himself received an official Golden Visa on a personal basis during his installation in Dubai, knows the administrative mechanisms of the interior.

He knows that this type of program cannot be launched without clear legal framework or without the explicit approval of a supervisory authority. By publicly evoking the idea without formally announcing it, CZ sends a signal: Binance, whose profits not made on Bitcoin explode, wants to innovate on this ground, but will not cross the red line without certification.

In the medium term, if such an initiative was to materialize, it could rebatter cards in the competition between blockchains to attract HNWI investors (High Net Worth Individuals) to areas such as the United Arab Emirates. However, the rapid reaction of the authorities shows that the use of the word“Golden Visa”For marketing purposes will no longer be tolerated without supervision. Binance, whose reputation is already scrutinized internationally, is not entitled to error on such a sensitive subject.