Can kids open a crypto wallet?

The question that naturally arises from the given paragraph is: "Should children be allowed to open a cryptocurrency wallet, considering the risks involved and their limited financial understanding? Are there adequate measures and protections to safeguard them from potential losses? How can parents guide and educate their kids about responsible digital asset management?" It's crucial to strike a balance between encouraging financial literacy and safeguarding young individuals from the pitfalls of the cryptocurrency market. The query highlights the need for careful consideration and discussion surrounding this topic, ensuring that children are adequately informed and protected before venturing into the world of digital currencies.