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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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EW
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…

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