Crypto Literacy Scale: Bridging the Knowledge Gap

posted  30 Aug 2023
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Researchers from the University of Cincinnati have crafted a crypto literacy scale (CLS) to gauge and standardize understanding of cryptocurrencies and related tech among consumers and policymakers.

Their study, "Measuring Crypto Literacy," emphasizes the difference between traditional financial literacy and crypto literacy.

The team believes that while financial literacy helps prevent scams, there's a distinct need for a crypto-specific scale.