South Korea’s Bitcoin Lending Experiment Begins at Jeonbuk Bank
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Jeonbuk Bank has begun a Bitcoin-backed lending pilot in South Korea, marking an early test of whether regulated lenders can offer credit secured by digital assets. The experiment could broaden Bitcoin’s use as collateral and connect crypto holdings with conventional banking services. Its significance will depend on the pilot’s terms, borrower uptake, and how regulators address volatility and custody risks.
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