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Jeonbuk Bank offers South Korea’s first bank-issued Bitcoin-backed loans

The Cryptonomist·October 12, 2026·1 min read
Jeonbuk Bank offers South Korea’s first bank-issued Bitcoin-backed loans

Jeonbuk Bank launched South Korea's first bank-issued won loans secured by Bitcoin on October 12, 2026. Corporate customers can access business financing against their cryptocurrency holdings. The lending separates custody: registered providers hold collateral, while the bank supplies won without taking ownership of pledged assets.

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