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Coin World News reports that on April 20 (UTC+8), the cryptocurrency investment company Unicoin Inc. announced the establishment of the Unicoin Foundation. The foundation will be chaired by investor Robert Newman and managed by a board of 27 directors, selected through shareholder voting, operating independently from Unicoin Inc. and focusing on education and ecosystem development programs. Previously, more than 4,000 Unicoin shareholders participated in governance voting, and nearly 99% of shareholders approved the transition to an independent foundation structure; management responsibilities will officially shift from Unicoin Inc. to the foundation.