Japan’s SBI Shinsei Bank plans crypto rewards program for depositors this fall: Nikkei
The program is set to grant customers vouchers worth 20% of their deposit interest payments, redeemable for cryptocurrencies.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
The program is set to grant customers vouchers worth 20% of their deposit interest payments, redeemable for cryptocurrencies.
Why this matters
This maps to the Institutional Adoption hub, so it can help confirm whether that theme is gaining breadth across the crypto news cycle.
Original source
Read on The BlockRelated market context
Kraken Parent Payward Wins Full Dubai License, Plans UAE Launch
Bitcoin Magazine Kraken Parent Payward Wins Full Dubai License, Plans UAE Launch Crypto exchange Kraken’s parent company Payward h...
South Korean Lender Jeonbuk Bank to Offer Bitcoin-Backed Loans
Bitcoin Magazine South Korean Lender Jeonbuk Bank to Offer Bitcoin-Backed Loans Jeonbuk Bank has become the first bank in South Ko...
Standard Chartered brings Ripple’s RLUSD into banking custody after $765 million quarterly surge
Standard Chartered has launched custody for Ripple's RLUSD stablecoin as it prepares to expand its use as collateral for instituti...
US deposit rates choke USDC adoption, and a BIS model reveals why
Historical estimates point to stronger USDC growth sensitivity to deposit repricing, while exchange rewards complicate adoption fo...
Russia Adds Sberbank to Crypto Exchange Register, Joining 9 Firms Before Dec. 1 Launch
Key Takeaways: The Central Bank of Russia has granted Sberbank permission to provide cryptocurrency exchange. Nine companies were...
Square to offer 3% Bitcoin rewards for credit card holders
Square's Bitcoin rewards initiative could drive increased cryptocurrency adoption, influencing both consumer spending habits and m...