Crypto exchange FTX US will teach financial literacy to low-income Chicagoans

Cryptocurrency exchange FTX announced the launch of a pilot program that guarantees low-income earnings and
social benefits. The company will take its first steps in this field in Chicago. To this end, it has recently opened a representative office of the cryptocurrency exchange. crypto exchange opened a representative office in the United States.

As part of the pilot program FTX US will teach financial literacy to 100 Chicagoans. The company will be assisted by Chicago charity. The city government has been enthusiastic about the initiative cryptocurrency exchange. According to Chicago Mayor Lori Lightfoot, this program will fundamentally change the lives of low-income citizens.

It is noted that after passing the training course, all who took part for a whole year will will receive $500 a month. In addition, they will be given free bank accounts and debit cards. The source of financing will be crypto-exchange itself, which will provide this year for charity $100 million.

The company believes that operating in Chicago will benefit FTX in many ways, as the city has a concentration of large Stock exchanges, private equity firms and investors are all concentrated in the city. Ideally, after some time, Chicago will become a world-renowned crypto-hub.
world-renowned crypto hub.
Interview

12-05-2022

Bridget Logan

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