Miami CEO Urges End to SEC Probe, Champions a New Era for U.S. Crypto Industry
As the U.S. crypto landscape undergoes a dramatic transformation under President Donald Trump’s administration, a leading voice from Miami’s fintech scene is calling for a reset — not just in policy, but in practice. The CEO and co-founder of Unicoin, a cryptocurrency firm with headquarters in both Miami and New York, has publicly urged the U.S. Securities and Exchange Commission (SEC) to drop its pending investigation into his company, citing shifting regulatory priorities, a commitment to transparency, and the broader goal of making America the global leader in digital finance.
The comments come as Congress prepares to vote on President Trump’s nominee for SEC Chair, Paul Atkins, a known advocate for market freedom and blockchain innovation. If confirmed, Atkins will lead an agency at the heart of a fierce debate: how to balance oversight and investor protection with the need for innovation and global competitiveness in the rapidly evolving world of cryptocurrency.
A Personal Appeal to the SEC
The Unicoin CEO’s appeal is not hypothetical — it’s personal. In December, during the waning days of the Biden administration, Unicoin received formal notice from the SEC of its intent to pursue charges, including allegations of fraud, deceptive practices, and handling unregistered securities. The company has categorically denied these accusations.
“We vehemently refute the SEC’s claims,” the CEO said. “The investigation was launched under a different regulatory philosophy. Since the change in administration, I’ve watched a dozen other crypto firms be cleared of enforcement actions. We believe Unicoin should be next.”
His statement highlights a larger political and regulatory shift. Under SEC Chair Gary Gensler, the Biden-era commission aggressively pursued enforcement actions across the crypto sector. But the incoming Trump-appointed leadership appears poised to adopt a dramatically different stance — one that emphasizes clarity, innovation, and economic empowerment over aggressive policing.
Trump’s Vision: Crypto as a Cornerstone of American Prosperity
President Trump has made no secret of his ambition to turn the United States into the “crypto capital of the world.” His remarks at the Blockworks Digital Assets Summit and the White House Digital Asset Summit outlined a sweeping vision for blockchain-driven financial systems that are transparent, decentralized, and, above all, American-made.
In March, Trump signed an executive order establishing a national strategic reserve for Bitcoin and other key cryptocurrencies — a “digital Fort Knox” meant to solidify America’s stake in the future of finance. The administration has since rolled out initiatives to encourage crypto entrepreneurship, reassure investors, and offer regulatory clarity.
“Crypto isn’t just a financial tool — it’s a symbol of economic freedom and national strength,” Trump stated at the Digital Asset Summit. “We will lead, not follow.”
Miami: The Beating Heart of U.S. Crypto Innovation
No city better embodies Trump’s crypto-forward vision than Miami. Under Mayor Francis Suarez, the city has become a beacon for blockchain innovation. With its low-tax policies, friendly regulatory environment, and vibrant tech scene, Miami now hosts some of the country’s most influential crypto events, including the annual Bitcoin conference, which last year drew over 12,000 attendees.
Miami has also launched bold initiatives, such as allowing tax payments in cryptocurrency and creating MiamiCoin — a municipal digital currency aimed at funding city development projects. These steps have turned the city into a haven for blockchain startups and investors alike.
“Miami has set the tone for what a thriving crypto economy can look like,” said the Unicoin CEO. “It’s not just hype — it’s policy, infrastructure, and public-private partnerships working together.”
Unicoin: A Model for Responsible Crypto Innovation
Despite being in the regulatory crosshairs, Unicoin has maintained a strong commitment to accountability. The company has voluntarily disclosed financial records, transaction histories, and third-party audits — a level of transparency uncommon in an industry often criticized for its opacity.
“Our goal from day one was to build a cryptocurrency with American investors in mind — one that meets regulatory standards and prioritizes financial security,” the CEO said. “We are aligned with the Trump administration’s goals for innovation, transparency, and long-term economic growth.”
Unlike the speculative coins and fly-by-night operations that defined the early crypto boom, Unicoin positions itself as a long-term player, focused on compliance, trust-building, and user protection.
The Bigger Picture: Crypto Must Be Both Innovative and Accountable
The call to end Unicoin’s investigation is not just about one company — it reflects a broader push to redefine the U.S. cryptocurrency ecosystem. As crypto adoption grows — with nearly 40% of American adults owning digital assets as of 2024, and 63% planning to increase holdings in 2025 — the demand for clear, fair, and supportive regulation has never been greater.
“If we want to compete globally, we need to foster homegrown innovation,” said the CEO. “That means supporting companies that do the right thing — not punishing them with outdated enforcement actions.”
Trump’s administration has signaled a willingness to break from the past and embrace this vision. But experts caution that regulation is still necessary to protect consumers and maintain market stability. The challenge is finding the right balance — one that encourages innovation without opening the floodgates to fraud.
A Turning Point for American Crypto
As Washington prepares to confirm new SEC leadership, and as cities like Miami continue to chart the future of digital finance, the crypto industry stands at a critical crossroads. The next few months will determine whether the U.S. becomes a dominant force in the global crypto economy or remains bogged down by outdated policies.
For Unicoin and its CEO, the message is clear: “We’re ready to build the future of finance — right here in America. But we need a regulatory system that reflects the realities of today’s world, not yesterday’s fears.”
As the crypto revolution accelerates, the U.S. must decide — will it lead, or will it lag behind?
