Ripple Launches National Cryptocurrency Association for Crypto Education
Ripple has launched a non-profit organization, the National Cryptocurrency Association (NCA), to educate Americans about cryptocurrency. The NCA will provide resources such as educational materials, user stories, and crypto statistics.
NCA Focus on Crypto Education
- The initiative aims to make crypto more approachable for everyday users.
- The NCA website will address fundamental questions about crypto and provide guidance on avoiding scams.
- The organization distinguishes itself from others by prioritizing education without political or lobbying ties.
- It represents the interests of everyday Americans rather than specific companies.
- The mission is to offer clear information as the U.S. adopts a more crypto-friendly stance.
Trump’s Support for Crypto
- President Trump has shifted from criticism to support for crypto during his 2024 campaign.
- He appointed David Sacks as his crypto and AI czar to create a legal framework for the industry.
- On March 2nd, he announced plans for a crypto strategic reserve including tokens like XRP, SOL, ADA, BTC, and ETH.
- Ripple CEO Brad Garlinghouse praised the idea, while Tyler Winklevoss suggested Bitcoin should be the only asset in the reserve.