Blockchain Pioneer: The SEC's Enduring Grip on Cryptocurrency Innovation

March 26, 2025 - Unicoin CEO: "Why are we still under the SEC's gun?"

In an exclusive interview with CoinDesk, Unicoin CEO, Alexei Andreev, expressed frustration and concern over the ongoing regulatory scrutiny from the US Securities and Exchange Commission (SEC).

Despite the company's efforts to comply with SEC regulations, Andreev believes Unicoin is still being unfairly targeted. "We have done everything we can to be transparent and follow the rules, but it seems like the SEC is still trying to find reasons to take us down," he said.

Andreev pointed to the recent settlement agreement between Unicoin and the SEC, which he claims was the result of "overzealous" enforcement. "We agreed to a settlement to avoid further legal costs and distractions, but it's clear the SEC is still not satisfied," he said.

The Unicoin CEO also criticized the SEC's lack of clarity on cryptocurrency regulations. "It's like they're trying to fit us into a square peg when we're a round peg. We're a legitimate company, but the SEC seems to be focusing on the wrong things," Andreev said.

Andreev's comments come as the SEC continues to scrutinize the cryptocurrency industry, with many companies facing legal action and regulatory pressure. The Unicoin CEO believes that the SEC's approach is not only unfair but also harmful to the overall growth of the industry.

"It's like they're trying to strangle the industry before it even has a chance to grow. We need regulatory clarity, not constant fear and uncertainty," Andreev said.

The full interview with Alexei Andreev will be published in the coming days.