As reported by Reuters, Miller Whitehouse-Levine, one of the prominent figures in the U.S. decentralized finance (DeFi) arena, is stepping down as the executive director of the DeFi Education Fund. His position will be filled by Amanda Tuminelli, the group’s chief legal officer.
Whitehouse-Levine, well-known in the U.S. crypto community, will continue his association with the organization as a board member. An announcement made on Thursday revealed this change, and sources close to Whitehouse-Levine hinted that he is set to take on a new role within the industry lobbying space.
In a statement released on Thursday, Whitehouse-Levine expressed his confidence in his successor, “I am leaving my current role at DeFi Education Fund to pursue a new opportunity. However, I am assured knowing Amanda’s passion, brilliance, and exceptional leadership skills will elevate DEF’s service to the DeFi community to unprecedented levels.”
Established in 2021, the DeFi Education Fund has recently witnessed a significant victory as the U.S. Congress is considering the removal of a Biden administration rule introduced by the Internal Revenue Service. This rule, if implemented, could have imposed devastating compliance requirements on DeFi projects.
“There is an influential bipartisan group of U.S. policymakers and regulators who are now proactively and thoughtfully considering sensible crypto legislation and regulatory frameworks for the first time in DeFi’s history. They are considering how these fit with technological innovation. Our mission at DeFi Education Fund has never been more vital,” stated Tuminelli.
