Hi First name,
Thank you for your interest in Unicoin!
1/ One of the recurring questions I hear ever since Chairman Atkins announced
the new position of the SEC on crypto is whether Unicoin will be considered a security.
I don't think so.
While we treated the Rights for Unicoins as a security and complied with the applicable securities regulation, we still have the flexibility to issue unicoins in a manner consistent with the "not securities" criteria to which most cryptocurrencies will belong, according to the SEC Chairman.
Obviously, we need to see the yet-to-be-released SEC criteria to determine how specifically we shall issue unicoins to avoid being classified as securities. My opinion is currently based on Chairman Atkins' statement only.
The upcoming exclusion of the majority of cryptocurrencies from the category of securities is a REALLY BIG DEAL. For us, it means that the SEC is not likely to continue regulating unicoins. It also means that unicoins can be listed on international crypto exchanges, instead of the SEC-approved exchanges only.
In short, it will mean a much larger market for unicoins.
We will provide definitive analysis and plans as soon as the SEC releases its new guidelines for cryptocurrencies.
2/ On August 8th, we will disable the "buy shares" functionality on Unicoin.com
The current pricing of Unicoin shares ($2/share, 50% discount from the end of 2021 pricing) reflects the soon-to-be-lifted SEC restrictions on trading cryptocurrencies.
3/ Unicoin continues to get visibility in the news media around the world.
