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.

Relaterte artikler

Illustration of SBI Group acquiring Coinhako crypto exchange with executives shaking hands amid blockchain and Asia skyline elements.
Bilde generert av AI

SBI Group acquires majority stake in Coinhako

Rapportert av AI Bilde generert av AI

Japan's SBI Group has acquired a majority stake in Singapore-based crypto exchange Coinhako. The deal, announced on Friday after regulatory approval, forms part of a broader strategy to build a cross-border digital asset network across Asia.

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.

Rapportert av 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.

Japan’s Lower House has passed legislation that would treat cryptocurrencies as financial instruments under the Financial Instruments and Exchange Act. The move shifts oversight from the Payment Services Act and sets the stage for lower taxes and crypto ETFs. The rules are expected to take effect in 2027.

Rapportert av AI

Japan’s parliament approved legislation on Wednesday that reclassifies cryptocurrencies as financial instruments under amended laws. The changes shift crypto from a payments regime to an investment framework and set the stage for potential spot Bitcoin ETFs.

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

Rapportert av AI

SBI Crypto announced it will close its Bitcoin mining pool on July 31, 2026. The move affects a service that represents about 2 percent of the network's hashrate.

 

 

 

Dette nettstedet bruker informasjonskapsler

Vi bruker informasjonskapsler for analyse for å forbedre nettstedet vårt. Les vår personvernerklæring for mer informasjon.
Avvis