The decentralized payment platform Slash (Slash Vision Labs) announced yesterday (9) that Slash will launch Japan's first compliant cryptocurrency credit card, the Slash Card. (Background: Jeju Island in South Korea will allow tourists to use 'Bitcoin for payments': Creating a cashless international city) (Additional context: Musk's 'Boring Company' accepts Dogecoin payments, causing DOGE to surge 12% to a three-and-a-half-year high) The decentralized payment platform Slash (Slash Vision Labs) announced late yesterday (9) on social media platform X that Slash will launch Japan's first compliant cryptocurrency credit card, the Slash Card: We are pleased to announce that Slash has signed an agreement to launch the Slash Card — Japan's first cryptocurrency credit card. The Slash Card is the first and only cryptocurrency credit card that fully complies with Japan's strict cryptocurrency and payment regulations. We are pleased to announce: Slash Signs Agreement to Launch ‘Slash Card’ — Japan’s First Crypto Card. The Slash Card is the first-ever and only crypto-backed credit card that complies fully with Japan’s stringent crypto and payments regulations. To know more:… pic.twitter.com/H1NOgqp9J3 — Slash Vision Labs (@SlashWeb3) December 9, 2024. Promoting cryptocurrency adoption in Japan. According to Slash's official announcement, as the first cryptocurrency credit card that fully complies with Japan's cryptocurrency and payment regulations, the Slash Card aims to connect the cryptocurrency economy with fiat currency, bringing Japanese consumers, merchants, developers, and institutions into the cryptocurrency world, providing maximum convenience for participants. The Slash Card is expected to officially launch in 2025. With the launch of the Slash Card, Slash states that its vision will be: to make cryptocurrency payments more accessible while providing unique opportunities for global and local cryptocurrency projects, and to interact with Japanese users through methods like Pay to Earn airdrops. Slash will also strive to bring IP-driven cryptocurrency projects into the space and focus on long-term regulatory compliance and cost-effectiveness, which is expected to play a key role in promoting cryptocurrency adoption in Japan. What is Slash Vision Labs? Slash Vision Labs is a decentralized payment platform built on the Mantle network, where Slash Payment is one of the platform's main services, enabling merchants to convert payments between cryptocurrencies. By integrating QR codes and APIs, merchants can accept cryptocurrency payments from customers. According to Slash Vision Labs, since 2022, Slash has been building a comprehensive cryptocurrency payment ecosystem in Japan while collaborating with SoftBank Payment, LifeCard, and Superteam Japan on Solana. To date, Slash has helped over 4,000 merchants accept various cryptocurrencies as payment, processing amounts exceeding $180 million. The token $SVL is Slash's token, which is currently listed on exchanges such as Bybit and Gate.io. SVL surged 12.3%. According to CoinGecko data, the Slash token SVL surged 12.3% due to the launch of the Slash Card, but it has since fallen to $0.0081098 as Bitcoin declined. Related reports: Is Amazon investing 5% of its assets in Bitcoin? CZ replies: Accepting BTC payments is enough, very simple. Bitcoin aims for 100,000. Cathay Digital Payment '00909' heavily invests in MicroStrategy, Coinbase... courageously takes the ETF reward triple crown. Blockchain cross-border payments have arrived! UBS launches UBS Digital Cash: supporting transfers in multiple fiat currencies including USD, EUR, and CNY. "Japan's first compliant cryptocurrency credit card 'Slash Card' is expected to launch in 2025, with $SVL surging 12% at one point." This article was first published on BlockTempo (the most influential blockchain news media).