TLDR Tech / Crypto
Japan's Bitbank Launch Crypto-Linked Credit Card: Pays Bills in Bitcoin
The EPOS CRYPTO Card for bitbank is a Visa credit card that lets users settle monthly payments by selling BTC from their bitbank holdings at a predetermined rate, a first-of-its-kind product in Japan. The card offers 0.5% crypto rewards (payable in BTC, ETH, or ASTR), has no annual fee, and includes a ¥2,000 crypto welcome bonus. It's a notable consumer product that bridges crypto holdings and everyday card spending in Japan's regulated market. The card is a potential template for similar products in other jurisdictions.
Read the full story