The Ripple-backed National Cryptocurrency Association (NCA) was launched on Wednesday.
NCA, which describes itself as independent and non-politically, said it aims to provide clear, impartial information about how digital assets work and their role in financing. It says it is a goal to “demystify crypto.”
The group was poded with $ 50 million in funding from Ripple and Ripple Chief Legal Officer Stuart Alderoty will serve as NCA president.
“We give a voice to users from all walks of life and serve as a guide on how to use Krypto responsibly,” Aldersoty said in a press release.