River has announced a new feature called Bitcoin Interest on Cash, which offers a 3.8% interest rate in bitcoin for dollars left in the custody of the platform. The feature allows users to earn bitcoin automatically, converting the yield from their cash buffer into bitcoin each month. There are no fees or minimums, and users can withdraw their cash at any time. This feature not only benefits Bitcoin enthusiasts but also provides an opportunity to onboard individuals who are hesitant to buy bitcoin due to its volatility. However, River does not serve clients in New York State due to regulatory restrictions.



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