National Cryptocurrency Association Launches to Promote Crypto Literacy in the US

The National Cryptocurrency Association (NCA), a new non-profit organization, has officially launched to enhance Americans’ understanding of cryptocurrencies and promote their safe adoption nationwide.

Mission and Goals

The NCA aims to demystify cryptocurrencies and serve as a comprehensive resource for individuals interested in using, holding, or learning more about digital assets. With a $50 million grant from Ripple, a leading blockchain company, the NCA will work to bridge the knowledge gap and promote responsible usage of cryptocurrencies.

“Crypto going mainstream is no longer a question of ‘if’ but ‘when’,” said Stuart Alderoty, President of the NCA. “Millions are already benefiting from crypto, making it quicker and easier to shop online, send money anywhere in the world, create apps, art, and games, or build financial futures. We’re giving a voice to users from all walks of life and serving as a guide for how to use crypto responsibly.”

Resources and Guidance

The NCA website offers guidance and questionnaires for those interested in entering or investing in cryptocurrency. It features stories of everyday cryptocurrency holders and provides conversational advice for beginners. Some of the topics covered include:

  • Cryptocurrency investing tips and best practices
  • Understanding blockchain technology and its applications
  • Real stories from everyday people using cryptocurrencies

Crypto Engagement in the US

To assess current crypto engagement, the NCA partnered with Harris Poll to survey 10,000 U.S. cryptocurrency holders. The findings revealed that:

  • 81% are interested in learning more about the future of cryptocurrencies
  • One in five American adults already use cryptocurrencies
  • 76% of users report positive impacts on their lives, including increased financial independence and opportunities for personal growth

The survey also highlighted diverse applications of cryptocurrencies among users, including:

  • 39% use cryptocurrencies for shopping
  • 32% have bought, sold, or used NFTs
  • 31% send cryptocurrencies to family

Future Plans

The NCA plans to provide educational resources, including easy-to-understand explainers and real stories from everyday people using cryptocurrencies, to bridge the knowledge gap and promote responsible usage.

For more news on cryptocurrencies and blockchain technology, visit Global Crypto News.

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