TON Teams Up With Crypto.com, Fees Sixfold amid UAE Backlash
Key Notes
- TON Foundation has partnered with Crypto.com Custody to offer institutional-grade asset management.
- Toncoin (TON) fees surged 696% this week, ranking second among top-growing blockchains by fee activity.
- UAE authorities denied claims linking TON staking to golden visa eligibility, triggering a sharp price drop on July 7.
The Open Network (TON) Foundation has deepened its partnership with leading exchange Crypto.com, as the blockchain project dodges criticism from crypto market participants over a Golden Visa claim in the UAE.
The development arrives alongside a dramatic sixfold surge in Toncoin
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