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Japan’s Bitbank rolls out crypto-linked credit card that pays bills in bitcoin

The Block
Japanese exchange Bitbank has launched a Visa credit card allowing users to automatically settle credit card bills using bitcoin from their exchange accounts.

Summary

Japanese cryptocurrency exchange Bitbank has partnered with EPOS Card, a subsidiary of Marui Group, to introduce the "EPOS Crypto Card for Bitbank." This new Visa credit card is the first in Japan to allow users to automatically settle their monthly credit card bills directly using bitcoin held in their Bitbank exchange accounts. Additionally, cardholders can earn 0.5% in crypto rewards, which can be paid out in bitcoin, ether, or Astar. The company intends to evaluate expanding support for more cryptocurrencies in the future.

(Source:The Block)