Catenaa, Monday, January 05, 2026-Unicoin shareholders approved a transition to a decentralized, community-driven structure, positioning the cryptocurrency for trading on major exchanges.

The vote, held during a Special Shareholder Meeting on December 5, follows new SEC guidelines from Chairman Paul Atkins clarifying that cryptocurrencies are classified as securities only if there is an explicit expectation of managerial efforts by the issuer.

By transferring management duties to the newly formed Unicoin Foundation, the token avoids the “security” designation and can be traded as a commodity.

Unicoin CEO Alex Konanykhin said the shift secures liquidity and enables listings on larger exchanges that were previously inaccessible under security restrictions.

Policy consultant Sakineh Majd highlighted the regulatory change as a significant narrowing of the SEC’s prior approach that broadly categorized most cryptocurrencies as securities.

The US-based company aims to provide an institutional-grade, energy-efficient cryptocurrency, offering near-daily reports on strategy, performance, and risks.

Pre-ICO fundraising valued Unicoin at $18 billion, and the token is associated with the Unicorn Hunters series.

Unicoin has previously faced regulatory scrutiny under former SEC leadership, including efforts that CEO Konanykhin describes as targeted attacks against the company.

The transition to a decentralized governance model mitigates regulatory risk while enabling global trading opportunities.

With shareholder approval complete, Unicoin is preparing listings on several major cryptocurrency exchanges in the near term.