Its hasn’t been a while since Cryptocurrencies became legal in China. Now, One of the most regulated Cryptocurrency exchange in Japan has partnered with two major companies to enable cryptocurrency payments in their day to day business execution. Hinomaru Limousine has started accepting cryptocurrency payments for its airport taxis while Carch Holdings allow crypto payments for the used car dealership.
Carch Used car dealership
Business alliance of Bitpoint with Carch Dealership was announced on November 1 to enable cryptocurrency payments at its dealerships.
Carch dealerships which was established in 1989 operated 48 dealerships in Japan. With the assistance of Bitpoint, two of the Carch Dealerships started accepting Crypto payments on Nov 1 and will continue to do so till january.
The Announcement further signigy that the company is thinking of executing Virtual Currency payments in all of its dealerships in Japan in the future.
Its a primary condition that Carch’s customers need to have a bitpoint wallet to execute crypto payments.
Apart from Carch Dealership, there is another company, a major automotive group, Idom Inc., Partnered with the country’ largest Cryptocurrency exchange, Bitflyer to enable cryptocurrency payments at its dealerships in Japan.
The Airport Car Service
Bitpoint, Which is one of the Japans 16 regulated Cryptocurrency exchanges, recently announced two business alliances to increase merchant cryptocurrency adoption in the country.
The Exchange announced partnership with Tokyo based Hinomaru Limousine for the trial of Cryptocurrency payments in airport taxis between November 1 to January 9.
Established in 1981, Hinomaru operates a fleet of 362 Limousines and 161 taxis.
According to Bitpoint’s announcements, Cryptocurrency payments are accepted for the service between Tokyo’s 23 ward to the two major airports Haneda and Narita.
The types of vehicles available are “High-grade type (Tesla Model S)” for four passengers and “Minivan type (Toyota Alphard)” for four to six passengers, the exchange described.
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