SBI Shinsei Bank will pilot support for converting deposit interest into BTC, ETH, or XRP

Odaily reports that Japan's SBI Shinsei Bank will launch a pilot program on June 10, allowing customers to convert a portion of their deposit interest into BTC, ETH, or XRP. The initiative uses "interest conversion" as an entry point to introduce crypto assets into traditional deposit products, enabling users to gain exposure to cryptocurrencies without directly purchasing them. Future expansion will depend on customer participation and the regulatory environment. (The Block)