According to a report from The Block on August 14, the decentralized finance lobbying organization DeFi Education Fund (DEF) announced the establishment of the "DeFi Education Foundation". The foundation aims to provide education on cryptocurrency industry policies and laws to U.S. lawmakers and to offer donors a tax-deductible charitable donation channel. The organization is urging the Senate to handle DeFi cautiously in the cryptocurrency regulatory bill and is calling for the U.S. Securities and Exchange Commission (SEC) to establish a "safe harbor" for specific blockchain applications.

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