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Unicoin establishes the Unicoin Foundation, focusing on "Crypto for Good" and compliant governance
Deep Tide TechFlow News, April 21 — Cryptocurrency investment firm Unicoin Inc. announced the establishment of an independently operated Unicoin Foundation, positioned as a mission-driven organization focused on education, promoting responsible adoption of blockchain technology, and expanding access to the digital economy. The foundation will focus on “Crypto for Good” by conducting financial literacy education, entrepreneurial training, and ecosystem support, with particular emphasis on women and underserved communities.
In terms of governance, the foundation is chaired by Robert Newman and has 27 board members, all elected by Unicoin investors through shareholder voting; over 4,000 shareholders participated in the vote, with nearly 99% agreeing to transition to an independent foundation structure. Unicoin states that this restructuring aligns with the “token taxonomy” approach proposed by U.S. Securities and Exchange Commission Chairman Paul Atkins.