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.”
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.