SBI Shinsei Bank plans crypto rewards for depositors

SBI Shinsei Bank is set to offer Bitcoin, Ether and XRP rewards to its depositors. The move marks the bank's latest step into cryptocurrency products.

The Japanese bank, with assets of ¥1 trillion, announced plans to provide BTC, ETH and XRP rewards through vouchers for account holders. The initiative follows the bank's earlier launch of USDC lending and discussions with Bitbank. It also aligns with planned cryptocurrency funds as Japan broadens regulated access to digital assets. Officials have not specified a launch date for the rewards program. The bank aims to attract more customers by integrating crypto incentives into traditional deposit services.

Mga Kaugnay na Artikulo

Illustration of Hong Kong awarding stablecoin licences to HSBC and Standard Chartered group, featuring executives, HKD stablecoin hologram, and city skyline.
Larawang ginawa ng AI

Hong Kong awards stablecoin licences to HSBC and StanChart-led group

Iniulat ng AI Larawang ginawa ng AI

Hong Kong has awarded its first stablecoin issuer licences to HSBC and a joint venture led by Standard Chartered, marking the city's latest step towards becoming a global digital asset hub. HSBC plans to launch its Hong Kong dollar stablecoin in the second half of this year, integrating it into its PayMe and mobile banking platforms.

Japanese financial conglomerate SBI Holdings has submitted a letter of intent to acquire shares in cryptocurrency exchange Bitbank, aiming to make it a consolidated subsidiary. The move supports SBI's expansion in digital assets amid Japan's planned regulatory changes for cryptocurrencies. The deal is subject to due diligence, negotiations, and approvals.

Iniulat ng AI

SBI Group intends to launch Bitcoin and Ethereum ETFs in Japan following expected regulatory changes. The initiative targets the country's vast household savings pool through familiar brokerage and tax-advantaged channels.

Goldman Sachs exited its positions in XRP and Solana ETFs during the first quarter while reducing holdings in Bitcoin and Ether funds.

Gumagamit ng cookies ang website na ito

Gumagamit kami ng cookies para sa analytics upang mapabuti ang aming site. Basahin ang aming patakaran sa privacy para sa higit pang impormasyon.
Tanggihan