Source: Crypto.news ↗
Jeonbuk Bank becomes first South Korean lender to offer Bitcoin backed loans
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What the source reports
South Korea’s Jeonbuk Bank has introduced the country’s first bank issued won loans backed by Bitcoin, allowing corporate customers to use their cryptocurrency holdings as collateral for business financing. According to an October 12 report by local news outlet Edaily,…
Read the original report on Crypto.news ↗Live market context
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