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Cryptorank

Binance CZ Reacts to TON’s UAE Golden Visa Hype, Floats BNB Idea Amid Government Denial


by Abdulkarim Abdulwahab
for CoinEdition
CZ Reacts to Debunked TON Visa, Floats Idea for BNB
  • Binance CZ praised the supposed Toncoin’s UAE Golden Visa partnership, calling it “awesome if true,” but questioned its legitimacy.
  • CZ hinted that Binance could explore a similar model for BNB, but only if such programs are proven to be real.
  • UAE authorities have denied that investments in cryptocurrency qualify for Golden Visa eligibility.

Binance founder Changpeng Zhao (CZ) has responded to Toncoin’s now-debunked UAE Golden Visa initiative and floated the idea of a similar program for BNB holders, if such a model were ever officially verified. While CZ praised the concept as “awesome if true,” he also raised several concerns.

Related: BREAKING: Toncoin Partners with UAE to Offer Golden Visa, Driving TON Price Up 10%

‘Awesome If True’: CZ’s Reaction to the Hype

In a post on X, CZ noted that while the idea was compelling, several reports pointed to inconsistencies. Some sources claimed the program was merely a paid service that forwarded visa applications to agents. In contrast, others suggested it was only approved by Ras Al Khaimah’s RAK DAO, without federal authority.

CZ also highlighted that such a program would likely require licen…

The post Binance CZ Reacts to TON’s UAE Golden Visa Hype, Floats BNB Idea Amid Government Denial appeared first on Coin Edition.

Read the article at CoinEdition

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Binance CZ Reacts to TON’s UAE Golden Visa Hype, Floats BNB Idea Amid Government Denial


by Abdulkarim Abdulwahab
for CoinEdition
CZ Reacts to Debunked TON Visa, Floats Idea for BNB
  • Binance CZ praised the supposed Toncoin’s UAE Golden Visa partnership, calling it “awesome if true,” but questioned its legitimacy.
  • CZ hinted that Binance could explore a similar model for BNB, but only if such programs are proven to be real.
  • UAE authorities have denied that investments in cryptocurrency qualify for Golden Visa eligibility.

Binance founder Changpeng Zhao (CZ) has responded to Toncoin’s now-debunked UAE Golden Visa initiative and floated the idea of a similar program for BNB holders, if such a model were ever officially verified. While CZ praised the concept as “awesome if true,” he also raised several concerns.

Related: BREAKING: Toncoin Partners with UAE to Offer Golden Visa, Driving TON Price Up 10%

‘Awesome If True’: CZ’s Reaction to the Hype

In a post on X, CZ noted that while the idea was compelling, several reports pointed to inconsistencies. Some sources claimed the program was merely a paid service that forwarded visa applications to agents. In contrast, others suggested it was only approved by Ras Al Khaimah’s RAK DAO, without federal authority.

CZ also highlighted that such a program would likely require licen…

The post Binance CZ Reacts to TON’s UAE Golden Visa Hype, Floats BNB Idea Amid Government Denial appeared first on Coin Edition.

Read the article at CoinEdition

Read More

Hunt for 1MDB Fugitive Jho Low Takes a Crypto Turn, and Binance’s CZ Took Note

Hunt for 1MDB Fugitive Jho Low Takes a Crypto Turn, and Binance’s CZ Took Note

Two journalists behind the 1MDB corruption exposé claim that fugitive financier Jho L...
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