Bitbank is a cryptocurrency exchange in Japan, serving more than 550,000 users with 30 available trading pairs. Clients of Bitbank can trade cryptocurrencies in spot markets on the exchange and on an over-the-counter (OTC) basis. Bitbank has also announced a partnership with one of the largest specialized trust bank groups in Japan, Mitsui Sumitomo Trust Holdings, Inc., to establish a certified digital asset custodian company in Japan.
According to Cointelegraph, Japanese cryptocurrency exchange Bitbank announced that it may restrict or suspend accounts found to have deposits or withdrawals linked to prediction market platforms such as Polymarket. Bitbank stated that affected accounts may be unable to log in and will be restricted from depositing, withdrawing, and trading.
According to The Block, Japanese cryptocurrency exchange Bitbank has launched a cryptocurrency-linked credit card that allows users to directly pay bills using assets held in their exchange accounts—including settling payments in bitcoin. The credit card also offers 0.5% cryptocurrency cashback on monthly spending. Per the report, Bitbank introduced this product to enable everyday payment use cases for crypto assets held on its exchange.
According to Cointelegraph, Japanese cryptocurrency exchange Bitbank announced that it may restrict or suspend accounts found to have deposits or withdrawals linked to prediction market platforms such as Polymarket. Bitbank stated that affected accounts may be unable to log in and will be restricted from depositing, withdrawing, and trading.
According to The Block, Japanese cryptocurrency exchange Bitbank has launched a cryptocurrency-linked credit card that allows users to directly pay bills using assets held in their exchange accounts—including settling payments in bitcoin. The credit card also offers 0.5% cryptocurrency cashback on monthly spending. Per the report, Bitbank introduced this product to enable everyday payment use cases for crypto assets held on its exchange.