50% of non -investors say they don’t understand it enough to buy

A new report released on Tuesday shows that the lack of information remains a major obstacle to the adoption of digital assets among US buyers.

The study, assigned by the National CryptoCurrency Association (NCA), found that nearly 70% of 2,000 crypto holders reviewed Says They need more information before they consider the use of digital assets.

Nearly half of the polleds said they had no understanding of how crypto works, while many others have expressed concerns about security and fraud, as well as individuals behind the projects. The survey found that 34% of participants were open to learn more about digital ownership.

“High curiosity, but low confidence,” said the NCA report. “Many who do not hold the crypto are open to study and even acting, but feel restrained by confusion, doubt and lack of trustworthy information.”

The NCA is chaired by the Chief Legal Officer of Ripple Labs, Stuart Alderoty. Launched in March, nonprofit is Backed with a $ 50-million give From Ripple with the aim of “help (ing) Americans make sense in crypto” by sharing adoption stories.

The second quarter survey fell compared to data Released by the NCA in May. The Harris poll questioned 54,000 people at that time, suggesting that about one in five US-based adults owned some form of cryptocurrency.

Related: 36% of Gen Z spends the crypto day -day; Gen X leads to spending high value

Ripple’s steps climb to Washington

Ripple Chief Legal Officer and NCA President Stuart Alderoty described the NCA as “political agnostic” in its launch in March, though he and other Ripple executives maintain an active presence in Washington, DC

Alderoty and two other ripple executives visited The White House last week as official guests to see US president Donald Trump Sign a stablecoin bill Under the law, while CEO Brad Garlinghouse attended the inauguration in January and a crypto summit in March. He too Proved at the July hearing of the US Senate banking committee to explore a bill of digital asset market structure.