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.

Source: Cointelegraph

Top Stories

'Our newborn baby nearly died from Group B Strep'

Storm Rachel batters Southern California, brings flooding to Las Vegas

Citroën has brought back the iconic 2 CV as an electric concept car

Stay Connected

South Korean bank launches Bitcoin-backed business loans: Report

Leave a Reply Cancel reply

Related Stories

Canada’s six largest banks explore tokenized Canadian dollar deposits

'We have lost control': Crypto pioneer warns AI could trigger systemic banking and infrastructure shocks

Bitcoin recovers from Asian-session lows as falling oil price supports risk appetite

Corporate treasuries bought just 5,900 bitcoin in 3 months. Other demand signals look weak, too.

Sam Altman-backed bitcoin insurer Meanwhile secures $37.5 million in Bain Capital Crypto-led round

Netflix drops trailer for series based on FTX’s SBF and Caroline Ellison

Treasury crackdown exposes crypto's role in $2 million Hamas fundraising network

Nvidia unveils AI safety platform to rein in ‘rogue’ AI agents

Sections

The Newsroom