A recent report highlights that a significant lack of information is hindering digital asset adoption among US consumers. Commissioned by the National Cryptocurrency Association (NCA), the study surveyed 2,000 non-crypto holders, revealing that nearly 70% require more information before considering digital assets. About half of the respondents admitted to not understanding how cryptocurrencies function, while others voiced concerns regarding security, fraud, and the credibility of project leaders. The survey indicated that 34% of participants are willing to learn more about digital assets. The NCA report stated, "Curiosity is high, but confidence is low," emphasizing that many potential users are eager to engage but are deterred by confusion and a lack of reliable information. The NCA, led by Ripple Labs' chief legal officer Stuart Alderoty, aims to clarify crypto for Americans, supported by a $50 million grant from Ripple. This survey's findings contrast with earlier data suggesting that one in five US adults owned cryptocurrency. Read more AI-generated news on: https://app.chaingpt.org/news

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