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Ripple-Funded Non-Profit Aimed at Crypto Education Goes Live
The National Cryptocurrency Association is headed by Ripple Chief Legal Officer Stuart Alderoty.
What to know:
- The National Cryptocurrency Association (NCA) is described as an independent group focused on crypto education.
- Ripple funded the NCA with a $50 million grant, and Ripple Chief Legal Officer Stuart Alderoty will serve as the new group's president.
The Ripple-backed National Cryptocurrency Association (NCA) launched on Wednesday.
Describing itself as independent and non-political, the NCA said it aims to provide clear, unbiased information on how digital assets function and their role in finance. It says its aim is to “demystify crypto.”
STORY CONTINUES BELOW
The group was seeded with $50 million in funding from Ripple and Ripple Chief Legal Officer Stuart Alderoty will serve as the NCA president.
"We’re giving a voice to users from all walks of life and serving as a guide for how to use crypto responsibly,” said Alderoty in a press release.
Francisco Rodrigues
Francisco is a reporter for CoinDesk with a passion for cryptocurrencies and personal finance. Before joining CoinDesk he worked at major financial and crypto publications. He owns bitcoin, ether, solana, and PAXG above CoinDesk's $1,000 disclosure threshold.
