Jeonbuk bank launches south korea bitcoin backed corporate loans
Jeonbuk bank launched south korea's first bitcoin-backed corporate loan program on october 12, 2026. corporate clients can borrow korean won using bitcoin as collateral.
- Jeonbuk bank launched south korea's first bitcoin-backed loan program for corporate clients on october 12, 2026.
- The bank does not hold the pledged bitcoin directly, using approved custody providers instead.
- Loan defaults require a court order and public auction to sell collateral under revised civil execution rules.
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