South Korean bank launches Bitcoin-backed business loans: Report16m, South Korean bank launches Bitcoin-backed business loans: ReportJeonbuk Bank reportedly began offering Bitcoin-backed loans to corporate customers, with a third-party custodian holding the cryptocurrency used as collateral.
- Posted on October 12, 2026
- By Cointelegraph
- 1 Views
- 1 min read
Jeonbuk Bank enters the digital asset lending market by introducing Bitcoin-backed business loans for corporate clients. The innovative financial product leverages cryptocurrency collateral managed by independent custodians, reflecting growing institutional adoption of blockchain assets in traditional banking. This development signals South Korea's progressive stance toward cryptocurrency integration within regulated financial services.
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South Korean bank launches Bitcoin-backed business loans: Report16m, South Korean bank launches Bitcoin-backed business loans: ReportJeonbuk Bank reportedly began offering Bitcoin-backed loans to corporate customers, with a third-party custodian holding the cryptocurrency used as collateral.
South Korean bank launches Bitcoin-backed business loans: Report16m, South Korean bank launches Bitcoin-backed business loans: ReportJeonbuk Bank reportedly began offering Bitcoin-backed loans to corporate customers, with a third-party custodian holding the cryptocurrency used as collateral. continue reading...
