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SBI Shinsei Bank will reward Japanese depositors with Bitcoin, Ether and XRP vouchers


SBI Shinsei Bank will reward Japanese depositors with Bitcoin, Ether and XRP vouchers

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SBI Shinsei Bank will launch a program on June 10 that gives customers vouchers redeemable for cryptocurrency after they complete deposits, positioning one of Japan's largest banks as a potential crypto on-ramp for millions of savers. The Nikkei-reported promotion offers vouchers worth 20% and could materially boost crypto adoption and retail inflows while raising questions about regulatory oversight and security for token redemptions.

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Japan’s SBI Shinsei Bank is planning a new program geared at giving its customers vouchers redeemable for cryptocurrency after they complete deposits, turning one of Japan’s largest banks into a possible crypto on-ramp for millions of customers saving money with the bank starting June 10. The program, first reported by Nikkei, offers vouchers worth 20%...
Read the article at CryptoPolitan

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In This News

Coins

$ 64.12K

-0.38%

$ 1.11

-0.58%

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View analytics →
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