SBI launches Visa credit card offering crypto rewards in Bitcoin, Ethereum, and XRP in Japan

SBI Group has introduced a new Visa credit card that allows users to earn cryptocurrency rewards in Bitcoin, Ethereum, and XRP through daily spending. The service is supported by SBI VC Trade and Aplus, linking traditional credit card use with regulated crypto asset rewards. This move highlights SBI's strategy to integrate conventional finance with digital assets in Japan. Additionally, SBI is negotiating a potential deal to acquire Bitbank, aiming to expand its presence in Japan's crypto exchange market amid ongoing industry consolidation.