Launch of the National Cryptocurrency Association
On Wednesday, the Ripple-backed National Cryptocurrency Association (NCA) officially made its debut. This organization, which prides itself on being independent and non-political, is dedicated to offering clear and unbiased insights into the functioning of digital assets and their significant role in the modern financial landscape. The NCA’s mission is to “demystify crypto” for individuals and businesses alike.
With an initial funding of $50 million from Ripple, the NCA is well-positioned to make a substantial impact. Leading the charge is Ripple’s Chief Legal Officer, Stuart Alderoty, who has taken on the role of NCA president. In a recent press release, Alderoty emphasized the organization’s commitment, stating, “We’re giving a voice to users from all walks of life and serving as a guide for how to use crypto responsibly.”