Jeonbuk Bank launches South Korea’s first Bitcoin-backed loans for corporate clients

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Jeonbuk Bank has launched Bitcoin-backed loans for corporate clients, reported as South Korea’s first offering of its kind. The product lets businesses borrow against Bitcoin holdings rather than sell them, potentially improving access to liquidity while retaining exposure to the asset. Its launch signals growing institutional acceptance of Bitcoin as collateral in South Korea, though adoption will depend on loan terms, custody safeguards, and regulatory treatment.

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