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Japan's SBI Shinsei Bank plans crypto rewards program for depositors this fall: Nikkei

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The Block Editorial
(09:52 AM UTC)
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Verified byEmily Watson
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SBI Shinsei Bank, the banking arm of Japan's SBI Group, plans to launch a cryptocurrency rewards program for depositors this fall, according to Nikkei.

Under the program, deposit customers are set to receive vouchers worth 20% of their deposit interest payments, which can be redeemed for cryptocurrencies such as bitcoin (BTC), ether (ETH), and XRP (XRP), the report said.

The initiative aims to…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

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