Express
UAE Denies: 'Golden Visa Does Not Include Cryptocurrency Investors'
Summary: Contrary to rumors, according to reports from Abu Dhabi, the Federal Authority for Identity, Citizenship, Customs and Port Security (ICP), the Securities and Commodities Authority (SCA), and the Virtual Asset Regulatory Authority (VARA) issued a joint statement denying the false reports of the UAE granting golden visas to cryptocurrency investors. ICP clarified that the golden ...
Contrary to rumors, according to reports from Abu Dhabi, the Federal Authority for Identity, Citizenship, Customs and Port Security (ICP), the Securities and Commodities Authority (SCA), and the Virtual Asset Regulatory Authority (VARA) issued a joint statement denying the false reports of the UAE granting golden visas to cryptocurrency investors.
ICP clarified that the golden visa does not include cryptocurrency investors, but is applicable to categories such as real estate investors and entrepreneurs who meet the criteria. SCA emphasized its commitment to regulating the financial industry and securities services, while VARA denied the claims of issuing golden visas to Dubai virtual asset investors and warned investors to obtain information from reliable official channels to avoid misinformation or fraud.
The three regulatory bodies collectively urge the public and investors to act prudently and refer to government official websites and approved communication channels for accurate information.
