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South Korean bank launches Bitcoin-backed business loans: Report

Co
Cointelegraph
By Cointelegraph by Ezra Reguerra
10/12/2026, 8:45:58 AM
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South Korean bank launches Bitcoin-backed business loans: Report
EXECUTIVE SUMMARY

Jeonbuk Bank reportedly began offering Bitcoin-backed loans to corporate customers, with a third-party custodian holding the cryptocurrency used as collateral.

Key Takeaways

  • South Korean bank launches Bitcoin-backed business loans: Report.
  • Jeonbuk Bank reportedly began offering Bitcoin-backed loans to corporate customers, with a third-party custodian holding the cryptocurrency used as collateral.
  • Jeonbuk Bank reportedly began offering Bitcoin-backed loans to corporate customers, with a third-party custodian holding the cryptocurrency used as collateral.

Jeonbuk Bank reportedly began offering Bitcoin-backed loans to corporate customers, with a third-party custodian holding the cryptocurrency used as collateral.

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