Bitbank launches Japan's first BTC-settlement credit card — bills paid directly in Bitcoin!

Japan&#x27;s Bitbank has launched a credit card that settles outstanding balances directly in Bitcoin from the user&#x27;s exchange account — no yen conversion required. The FSA-licensed exchange, operating since 2014, is the first regulated Japanese platform to combine standard credit-card rails with native <a class="ticker-mention" href="/en-US/token/btc">BTC</a> settlement, a meaningful structural distinction from the prepaid and debit crypto cards that have come before.

Cardholders earn 0.5% cashback in cryptocurrency on all spending, compounding BTC exposure through everyday purchases. The product targets existing Bitbank users who hold BTC positions and want to put them to work without liquidating to fiat.

Japan&#x27;s regulatory window for Bitcoin payments is arguably the cleanest it has ever been, and Bitbank is moving ahead of domestic competitors to capture the retail infrastructure layer first.