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Jeonbuk Bank Breaks Ground With Bitcoin-Backed Lending

ETFsFinanceFeeds

BTC when published $83,463Now $80,459 ▼ −3.60%

South Korea's Jeonbuk Bank now lends won to corporate borrowers against custodied Bitcoin, using new October 1 court rules to liquidate it on default.

First reported by FinanceFeeds. This page is a short excerpt; the full text is theirs.

Read the full story at FinanceFeeds

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