Express

Japanese Financial Services SBI Holdings Announces the Launch of a Cryptocurrency Lending Services

Kate Graham-Shaw

Summary: SBI Holdings, a major Japanese financial services, will start a cryptocurrency lending services, it was announced Tuesday. Users of the service will gain an annual interest rate of 1% on Bitcoin holdings. There are also plans to include other cryptocurrencies, such as Ethereum, in the future. The company will also not charge a deposit, account ...

SBI Holdings, a major Japanese financial services, will start a cryptocurrency lending services, it was announced Tuesday. Users of the service will gain an annual interest rate of 1% on Bitcoin holdings. There are also plans to include other cryptocurrencies, such as Ethereum, in the future.

The company will also not charge a deposit, account management or membership fees. However, withdrawals of Japanese Yen will incur a charge.

By Kate Graham-Shaw

Last Update:

Tags: ,,,,,
Link: Japanese Financial Services SBI Holdings Announces the Launch of a Cryptocurrency Lending Services   [Copy]
Next:

Related Articles

  • The Making of a Political Darling: Is Chainlink’s Government Deal a Victory for Tech or... 4 days ago
  • Google Steps Into Blockchain: A New Front in the “Ledger Wars” 6 days ago
  • Bitcoin Weekly Analysis: Is a Bear Market on the Horizon? 8 days ago
  • AI Fraud Is Breaking the Internet’s Trust Economy. Can Compliance Tech Keep Up? 11 days ago
  • Can a $300M RWA Fund Save Avalanche's TVL? 12 days ago

    • You need to login to comment.