Japanese financial giant SoftBank launches crypto debit card with wallet & payment functions

posted 6 days ago
Tokyo-based SoftBank (a multinational conglomerate) is reportedly introducing “Softbank wallet card” that works like a debit card but also has a built-in cryptocurrency wallet with its own encryption system, and is able to perform both hot and cold wallet functions.

The cards are supported by an app, and “SBC implements a hot wallet when the Wi-Fi function is turned on, and a cold wallet when the Wi-Fi is turned off.” The SBC wallet card is currently only available in Japan where it’s making a push with 10,000 stores. The card is also slated for release in the US, Southeast Asia, South Korea and Dubai.
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