The Ripple-backed National Cryptocurrency Association (NCA) launched on Wednesday.
Describing itself as independent and non-political, the NCA stated it goals to supply clear, unbiased info on how digital property operate and their function in finance. It says its purpose is to “demystify crypto.”
The group was seeded with $50 million in funding from Ripple and Ripple Chief Authorized Officer Stuart Alderoty will serve as the NCA president.
“We’re giving a voice to customers from all walks of life and serving as a information for the right way to use crypto responsibly,” stated Alderoty in a press release.