SBI Shinsei Bank Pilot Program Lets Customers Convert Deposit Interest into Bitcoin, Ethereum, and XRP Vouchers
By
Rizwan Ansari
9h ago· 4 min readenNews
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Summary
SBI Shinsei Bank in Japan is launching a pilot program on June 10 that lets customers convert 20% of their deposit interest into crypto exchange vouchers for Bitcoin, Ethereum, or XRP. If successful, the program will become a permanent offering in the fall, providing traditional savers with indirect crypto exposure without directly purchasing digital assets.
Key quotes
· 3 pulledSBI 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 new way to gain crypto exposure without directly buying digital assets.
Under the program, customers will receive crypto exchange vouchers worth 20% of their deposit interest payments.
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
