TLDR
- CZ is reportedly exploring UAE Golden Visas for users who hold a set amount of BNB tokens.
- The plan could tie Binance Coin ownership to long-term UAE residency benefits.
- Binance already operates in the UAE under regulatory approval from VARA.
Binance founder and former CEO Changpeng Zhao is considering new ways to increase the utility of Binance Coin (BNB). Reports indicate that Zhao is in discussions about offering United Arab Emirates (UAE) Golden Visas to BNB token holders.
The UAE Golden Visa is a long-term residency visa granted to foreign investors, entrepreneurs, and other qualified individuals. It allows recipients to live, work, and study in the UAE without needing a local sponsor. If successful, this initiative would link digital asset ownership with real-world residency benefits.
Strategic UAE Collaboration May Be in Progress
According to sources familiar with the matter, Zhao may be seeking to collaborate with UAE authorities or government-linked entities. The aim could be to create a system where holding a set amount of BNB tokens qualifies individuals for the Golden Visa.
Is this 👇 real? It would be awesome IF it is true.
But I got conflicting info so far.
Some say: this is just so that they charge you $35k to pass your application to an agent, who usually only charge $1k fee.
The website seems to give the impression that "$35k + $100k… https://t.co/u3mySnObWu
— CZ 🔶 BNB (@cz_binance) July 6, 2025
No formal partnership or agreement has been announced yet. However, the move is seen as part of broader efforts to position the UAE as a crypto-friendly nation. Binance already has a strong presence in the UAE, with its regional headquarters in Dubai.
Zhao, who stepped down as Binance CEO in 2023, has remained active in the crypto ecosystem. He now focuses on promoting long-term utility and adoption for blockchain-based projects.
Binance Coin May Gain Real-World Use Case
BNB, the native token of the Binance ecosystem, has multiple uses including trading fee discounts and participation in token sales. Connecting it with residency benefits would give it an added utility and may attract interest from global investors.
Industry analysts believe a Golden Visa tie-in could drive interest in BNB from both crypto users and non-crypto investors. It would also support the UAE’s ambition to become a hub for blockchain innovation.
One source stated, “The idea is still under review, but the UAE has been open to creative blockchain projects.” However, neither Binance nor UAE officials have officially confirmed the initiative.
UAE Continues to Support Blockchain and Web3
The UAE has positioned itself as one of the most welcoming countries for crypto firms. It has launched several programs to attract blockchain companies and talent. The Virtual Assets Regulatory Authority (VARA) was established to provide clear rules for digital asset service providers.
Binance was one of the first major exchanges to receive regulatory approval under this new framework. Since then, Binance has expanded its operations and invested in local partnerships.
Offering Golden Visas to BNB holders could align with the country’s ongoing strategies to boost foreign investment and innovation. It may also attract high-net-worth individuals who want both residency and crypto exposure.
Still in Concept Stage, No Official Announcement Yet
As of now, the idea remains under consideration and has not moved into the implementation phase. There are no details on how many BNB tokens would be required or how the process would work.
CZ has not made any public statements confirming the plan. The Binance team has also not released official documents or timelines. If launched, such a program would likely require coordination with UAE government bodies and strict compliance with regulatory standards.
Until more information is provided, this remains an early-stage concept with no confirmed launch. The story continues to develop as Binance and the UAE explore deeper cooperation.
Stay Ahead of the Market with Benzinga Pro!
Want to trade like a pro? Benzinga Pro gives you the edge you need in today's fast-paced markets. Get real-time news, exclusive insights, and powerful tools trusted by professional traders:
- Breaking market-moving stories before they hit mainstream media
- Live audio squawk for hands-free market updates
- Advanced stock scanner to spot promising trades
- Expert trade ideas and on-demand support
