UAE regulatory bodies have issued a joint statement denying claims that golden visas are granted to digital currency investors.
The Federal Authority for Identity, Citizenship, Customs and Port Security (ICP), the Securities and Commodities Authority (SCA), and the Virtual Assets Regulatory Authority (VARA) confirmed that such reports circulating online are false.
Golden visas are issued based on officially approved criteria, which include real estate investors, entrepreneurs, exceptional talents, scientists, and other specified categories, but not virtual asset investors.
Authorities urged the public to rely on official sources for accurate information and warned against interacting with unverified online advertisements or offers involving immigration or investment schemes.
Gulf Economist Staff Writer