Japan's Bitbank Launch Crypto-Linked Credit Card: Pays Bills in Bitcoin (3 minute read)
Japanese exchange Bitbank launched a Visa credit card that automatically pays monthly bills by selling Bitcoin from your account, a first for Japan's regulated crypto market.
What: The EPOS CRYPTO Card for bitbank is a Visa credit card that settles monthly payments by converting Bitcoin holdings to fiat at a predetermined rate, with 0.5% crypto rewards in BTC, ETH, or ASTR, no annual fee, and a ¥2,000 welcome bonus.
Why it matters: This represents a practical bridge between cryptocurrency holdings and everyday payments in a major regulated market, potentially setting a template for how crypto can integrate with traditional payment infrastructure beyond speculation.
Decoder
- ASTR: Astar token, a cryptocurrency from the Astar blockchain network
Original article
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.