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Unicoin Shareholders Approve Transition to Decentralized Asset for Exchange Listing

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Unicoin shareholders approved the transition to a decentralized asset following a Special Shareholder Meeting on December 5. The move aligns with new SEC guidelines on crypto asset classification, which define cryptocurrencies as securities only if there is an expectation of managerial efforts. By shifting control to the Unicoin Foundation, the project avoids security status, enabling listing on major exchanges as a commodity. CEO Alex Konanykhin said the updated digital asset regulation allows Unicoin to improve liquidity. Policy consultant Sakineh Majd called the shift a major improvement. With approval secured, Unicoin is now preparing for exchange listings.
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