April is reco gnized as National Financial Capability Month in the U.S. to highlight financial education across the country.
Whil e initiatives have been taking place to help educate Americans about the traditional finance sector, opportunities around crypto education are also being presented this month.
A recent study from Security.org found that the rate of crypto ownership in the U.S. grew by 10% last year. According to the study, 93 million people hold one or more cryptocurrencies.
The upcoming Bitcoin Halving event has also sparked increasing interest in Bitcoin (BTC) .
Given the rising popularity of digital assets in the U.S., industry experts believe that education about cryptocurrency has become increasingly necessary.
Kendra Cole, Co-founder and CEO of Sparrow Finance, told Cryptonews that the recent approval of Spot Bitcoin ETFs in the U.S. has pushed digital assets to the mainstream.
Cole believes that individuals—particularly women and children—must be presented with better educational opportunities regarding Bitcoin adoption.
“The impetus for women to get involved in Bitcoin now is to build stronger bonds through shared experiences and interests,” said Cole. “We know that women are oftentimes the chief financial officers of the home, making the majority of the financial and gifting decisions. Sparrow Finance aims to provide the tools to do this through Bitcoin education.”
During Financial Capability Month, Cole shared that Sparrow Finance participated in Chicago’s Ultimate Baby Shower. Th is was a community-wide event for parents to discuss financial education.
“During this gathering, we met with new parents to provide information about how women can get involved with digital assets,” she
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