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Japan’s SBI Bank Turns Savings Interest Into Bitcoin, XRP, and Ethereum Rewards

4 days ago 3282
SBI Moves to Acquire Bitbank in Strategic Crypto Expansion

The post Japan’s SBI Bank Turns Savings Interest Into Bitcoin, XRP, and Ethereum Rewards appeared first on Coinpedia Fintech News

Japan’s banking sector is taking another step toward crypto adoption. SBI Shinsei Bank will launch a pilot program on June 10 that allows customers to convert part of their deposit interest into Bitcoin (BTC), Ethereum (ETH), or XRP.  If successful, the program is expected to become a permanent offering this fall, giving traditional savers a …

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