Adapting to an Uncertain Regulatory Environment
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Key Takeaways: Ripple is funding the National Cryptocurrency Association (NCA) for crypto literacy and responsible crypto adoption in the United States. The NCA will function independently and will offer unbiased information, tutorials, and case studies from regular day-to-day crypto users. Ripple has been pursuing this initiative while facing a legal battle with the SEC and engaging in talks with US government officials. Ripple Labs, the San Francisco-based blockchain payments firm best known for its XRP cryptocurrency, is taking an unprecedented step to influence the future of the digital asset landscape in the United States. To do this, the company has issued a $50 million grant to help form the National Cryptocurrency Association (NCA), a new non-profit dedicated to increasing public awareness and ensuring the responsible adoption of cryptocurrencies in the country. The Nation’s Civil Affairs: Public Empowerment Through the NCA The National Cryptocurrency Association is poised to fill the gap as a non-partisan organization dedicated to understanding the space. Per its official website, the NCA’s mission is “helping Americans make sense of crypto” by delivering inspiring stories of real-world adoption and offering easily digestible educational materials. At its core, the vision is to dispel a great deal of the muddled and frequently inaccurate terminology and understanding for the crypto space and present the true facts to the world, relevant information and powerful aid to approach digital assets with confidence and accountability. Stuart Alderoty, Ripple’s Chief Legal Officer, will serve as president of the NCA while continuing his role with Ripple. This dual role highlights the close relationship between the two organizations. Brad Garlinghouse, the CEO of Ripple, has however been really keen to highlight the independence with which the NCA will be instantiated so that it doesn’t mix with any interest group and does its educational activities both at grassroots…
Filed under: News - @ April 12, 2025 12:22 am