Ripple’s Big Step for Crypto Learning
Ripple, a major global payment company, is making a big move to help more people understand and use cryptocurrency safely. They’re giving $50 million to start a non-profit group called the National Cryptocurrency Association (NCA). This group will teach Americans about digital money.
Why Ripple is Supporting the NCA
Ripple’s boss, Brad Garlinghouse, thinks it’s important for people to learn about cryptocurrency. He says that about 55 million Americans already use it, and many more want to know how it works. The NCA will be like a guide, giving clear, unbiased information about digital money and how it’s used.
Stuart Alderoty, Ripple’s top lawyer, will lead the NCA. This way, the group can work independently but still get help from Ripple’s money.
People Want to Learn More About Crypto
A survey by the NCA found that 81 out of 100 American crypto users want to learn more about its future. This shows that people need good information to use crypto safely. The survey also found that 1 in 5 American adults use crypto, and most of them think it’s good for them, like helping them be more independent.
Helping Americans Use Crypto Safely
The NCA wants to help Americans use digital money in a safe and responsible way. It will explain things clearly and give practical tips to stop people from getting confused.
This is like what the U.S. government is trying to do too. They’re having a big meeting soon to talk about using crypto more and making rules for it.
A New Way to Learn About Crypto
Ripple’s $50 million gift to the NCA is a big step in helping more people learn about cryptocurrency and use it safely. As more people get into crypto, it’s important to have good information so everyone can use it right. The NCA will help shape the future of cryptocurrency in the U.S.
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Sources:
– coingape.com
– namecoinnews.com