The new advocacy organization, Solana Policy Institute, has been established with the aim of guiding Washington lawmakers to not limit themselves to Bitcoin

PANews reported on April 1st, according to The Block, long-time cryptocurrency supporter Miller Whitehouse-Levine is launching his next venture in Washington D.C. - establishing the Solana Policy Institute to educate legislators and regulators to think "beyond Bitcoin". As digital assets are receiving attention from lawmakers and related legislative work is rapidly advancing (covering everything from stablecoins to market structure), this non-partisan non-profit organization officially debuted on Monday. Whitehouse-Levine previously led the DeFi Education Fund lobbying group, stating that there's still much work to be done in educating about cryptocurrencies in Washington.

The institute will focus on drafting bills affecting stablecoins and market structure laws, as well as influencing the newly established cryptocurrency working group of the U.S. Securities Exchange Commission (SSEC) and new leadership of the Commodity Futures Trading Commission (CFTC). Whitehouse-Levine stated that the goal of Solana Policy Institute will be supporting technology-neutral policies for a "level playing field". He said he is currently the only staff member at the institute but plans to hire more people. He declined to disclose who specifically funds this organization. The Solana Foundation stated it's an independent and separate entity.