Changpeng Zhao’s Proposal for BNB

Changpeng Zhao, the founder of Binance, the world’s largest cryptocurrency exchange, proposed an interesting idea for BNB today.

BNB Could Collaborate with the UAE, Like Toncoin

Recently, Toncoin (TON) announced a collaboration with the United Arab Emirates. Those who pay $35,000 and stake $100,000 in TON for three years will receive a golden visa valid for 10 years in the UAE. This development was also retweeted by Pavel Durov, CEO of Telegram, the company behind Toncoin.

Following this, Binance founder Changpeng Zhao commented on the situation. He mentioned that if the Toncoin initiative proves to be true, they would consider a similar program for BNB. In essence, BNB holders could potentially secure a golden visa from the UAE by paying a specific amount and staking their BNB for a designated period. The realization of this proposal hinges on whether Zhao and BNB officials can reach an agreement with the UAE.

However, Zhao expressed uncertainty about the authenticity of Toncoin’s announcement. He asserted that such initiatives typically require government partnership and official announcements. While he acknowledged the possibility of its truth, he has yet to receive direct confirmation.

*This is not investment advice.