Payjoin Foundation Gains 501(c)(3) Status, Enabling Tax-Deductible Donations for Bitcoin Privacy Development

The Payjoin Foundation, a U.S. organization focused on developing Bitcoin privacy software protocols like the Payjoin Dev Kit, has officially received 501(c)(3) status from the IRS. This designation enables U.S. taxpayers to make generally tax-deductible charitable contributions, providing a sustainable funding framework for the non-profit's ongoing research, open-source development, and educational efforts.

The foundation maintains the Payjoin Dev Kit, which aims to improve privacy, security, and usability in peer-to-peer Bitcoin transactions without requiring protocol consensus changes. Payjoin adoption is integrated at the wallet level, offering enhanced privacy against surveillance. Executive Director Dan Gould noted that this status allows the foundation to prioritize durable infrastructure development accountable to the public interest.

With accelerated funding, the foundation can improve protocols like Async Payjoin. Users are encouraged to support this effort by urging their wallet providers to integrate the Payjoin Devkit or by making tax-deductible contributions. Several wallets, including Blue Wallet, Wasabi Wallet, and Sparrow Wallet, already offer some level of Payjoin support.

(Source：Bitcoin Magazine)