SBI Shinsei Bank to Launch Cryptocurrency Rewards Program for Depositors
- The program will offer depositors vouchers worth 20% of their earned interest, redeemable for Bitcoin, Ethereum, or XRP.
- A three-month pilot program is set to begin on June 10, allowing both term and regular account holders to participate.
- For instance, a deposit of ¥300,000 could yield a voucher worth approximately ¥500 in cryptocurrency rewards.
- Larger deposits, such as ¥30 million, would result in vouchers valued around ¥20,000.
- The full-scale launch of the service is planned for the fall of the same year.
This initiative by SBI Shinsei Bank marks a significant step towards integrating digital assets into traditional banking practices, aiming to attract new users while promoting cryptocurrency adoption.
With the pilot program starting June 10 and offering rewards based on interest earnings, this move could reshape customer engagement in banking services.(Source)
