DeFi Education Fund established a tax-deductible nonprofit organization

ChainCatcher news, according to The Block, one of Washington's largest decentralized finance lobbying groups, The DeFi Education Fund (DEF), is launching the DeFi Education Foundation, a nonprofit organization aimed at educating lawmakers who are drafting regulations for the cryptocurrency industry and providing donors with a tax-deductible charitable giving channel.

The new foundation will be led by DEF Executive Director Tuminelli, Greg Xethalis of Multicoin Capital, and Michael Mosier, co-founder of Arktouros PLLC.