TON Foundation clarifies no official cooperation with UAE Golden Visa project
PANews reported on July 7 that the official website of the TON Foundation issued a statement to clarify that the news on the Internet about its cooperation with the UAE Golden Visa Project is false information. At present, TON is only conducting independent exploratory cooperation with a licensed partner focusing on blockchain infrastructure and asset tokenization, and has not reached any formal agreement or official endorsement with the UAE government. The foundation emphasized that the project is still in its early stages and any visa issuance rights belong to the relevant UAE government departments. The TON Foundation supports the joint statement of the relevant UAE regulatory authorities on the non-approval or launch of digital residence or investment visa projects, and stated that if there is any official progress, it will be announced transparently as soon as possible.
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Nubank Vice-Chairman Roberto Campos Neto said the bank will test stablecoin credit card payments, as adoption of stablecoins accelerates across Latin America. Nubank, Latin America’s largest digital bank, is reportedly planning to integrate dollar-pegged stablecoins and credit cards for payments.The move was disclosed by the bank’s vice-chairman and former governor of Brazil’s central bank, Roberto Campos Neto. Speaking at the Meridian 2025 event on Wednesday, he highlighted the importance of blockchain technology in connecting digital assets with the traditional banking system. According to local media reports, Campos Neto said Nubank intends to begin testing stablecoin payments with its credit cards as part of a broader effort to link digital assets with banking services.Read more