The newly launched Solana Policy Institute aims to expand the Solana presence in Washington, D.C., with former leaders from the Blockchain Association and the DeFi Education Fund at the helm. Miller Whitehouse-Levine, who recently stepped down as CEO of the DeFi Education Fund, takes on the role of founder and CEO of the Institute. Kristin Smith, formerly the CEO of the Blockchain Association, will serve as its first president starting in May. The initiative seeks to influence U.S. crypto policy but aims to avoid creating regulation that favors specific technologies. Despite some skepticism from the crypto community regarding Solana's move into political advocacy, the founders believe that establishing a presence in Washington might become essential for blockchain projects amidst evolving U.S. regulations. Solana joins other significant players in D.C. aiming to shape crypto policy as the industry navigates a challenging legislative landscape.

Source đź”—