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.

Makala yanayohusiana

Illustration of SBI Group acquiring Coinhako crypto exchange with executives shaking hands amid blockchain and Asia skyline elements.
Picha iliyoundwa na AI

SBI Group acquires majority stake in Coinhako

Imeripotiwa na AI Picha iliyoundwa na 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.

Imeripotiwa na 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.

Imeripotiwa na 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.

Imeripotiwa na 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.

Jumatatu, 27. Mwezi wa saba 2026, 01:05:20

Sberbank plans cryptocurrency trading infrastructure by December 1

Jumamosi, 18. Mwezi wa saba 2026, 23:57:36

Digital wallets may supplant traditional bank accounts for younger users

Jumatano, 15. Mwezi wa saba 2026, 04:25:15

Sony stablecoin plan sparks unconfirmed PlayStation crypto rumors

Ijumaa, 10. Mwezi wa saba 2026, 01:20:32

Metaplanet studies Bitcoin-backed digital credit products in Japan

Jumapili, 5. Mwezi wa saba 2026, 17:02:53

Banks expand stablecoin services as market grows

Jumatano, 10. Mwezi wa sita 2026, 10:26:22

Japan's largest banks plan joint stablecoin by March 2027

Jumanne, 9. Mwezi wa sita 2026, 22:40:40

Sumitomo Mitsui Trust considers up to ¥380 billion digital investment

Jumamosi, 6. Mwezi wa sita 2026, 04:03:56

Major US banks plan shared tokenized deposit network by 2027

Jumapili, 17. Mwezi wa tano 2026, 16:17:45

Japanese firms prepare crypto investment trusts by 2028

Jumamosi, 2. Mwezi wa tano 2026, 22:26:04

Brazil's central bank bans crypto in cross-border settlements

 

 

 

Tovuti hii inatumia vidakuzi

Tunatumia vidakuzi kwa uchambuzi ili kuboresha tovuti yetu. Soma sera ya faragha yetu kwa maelezo zaidi.
Kataa