South Korea’s Jeonbuk Bank Begins Bitcoin Backed Corporate Loans as Authorities Block Access to Unregistered Platforms Including KuCoin, MEXC
South Korea’s digital asset sector is seeing two contrasting developments in quick succession. On one side, a regulated bank has launched the country’s first won-denominated loans secured by bitcoin for corporate borrowers. On the other, financial authorities have expanded restrictions on unregistered virtual asset service… Read More
Read more in: Asia, Blockchain & Digital Assets, Investment Platforms and Marketplaces, Politics, Legal & Regulation | Tagged banking, bitcoin, custody, jeonbuk bank, lending, south korea