The tech industry is set to feel the pinch as the Trump administration levies new tariffs against key U.S. trading partners.
© Chinatopix via AP
How policy will be impacting the tech sector now and in the future:
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Crypto Corner
© Photo by Silas Stein/picture alliance via Getty Images)
As Washington largely embraces the crypto industry, one major crypto player is hoping to get Americans across the country on board.
Cryptocurrency platform Ripple is launching a nonprofit, The National Cryptocurrency Association (NCA), focused on educating Americans about the digital assets space.
The NCA will offer educational tools and resources about crypto, share stories from crypto users and provide crypto data and statistics in an effort to boost accessibility to the industry.
“We think that it’s important to make crypto accessible to the everyday American and demystify crypto,” NCA president and Ripple chief legal officer Stu Alderoty told The Hill. “There has been a narrative around crypto, that it’s complex, it’s geeky, crypto bros, etc.”
“Now I think more than ever, crypto is going mainstream, but there is a gap out there,” he continued.
The move follows a years-long push by the industry to build trust with the American public after a series of scandals roiled its reputation.
While the White House and many lawmakers have changed their views on crypto, members of the broader public may need more convincing.
The NCA emphasized it is not a political or lobbying organization and does not represent crypto companies or protocols.
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