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Bitbank launches Japan’s first exchange-settled crypto credit card

Bitbank launches Japan’s first exchange-settled crypto credit card

Japanese crypto exchange Bitbank has launched a crypto-linked credit card that allows users to settle bills with assets held on its platform. 

Summary

  • Bitbank users can settle monthly credit card bills directly with bitcoin held on the exchange.
  • The EPOS Crypto Card offers 0.5% cashback in bitcoin, ether, or Aster to users monthly.
  • Bitbank and EPOS may add more crypto payment options after the bitcoin-only launch in Japan.

The product marks a new step for crypto payments in Japan’s regulated market.

The card, named “EPOS Crypto Card for Bitbank,” was launched through a partnership with EPOS Card, the fintech arm of Marui Group. Bitbank said the service is…

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