Researchers develop crypto literacy scale to measure consumer financial awareness By Cointelegraph

A trio of researchers from the University of Cincinnati recently developed a crypto literacy scale (CLS) to help standardize and measure economic and financial knowledge as it relates to consumer and policymaker understanding of cryptocurrencies and related technology.

The team’s research paper, titled “Measuring Crypto Literacy,” details the gap between traditional financial literacy and crypto literacy and the need for a crypto literacy scale and policies that will support cryptocurrency education and literacy efforts worldwide.