According to the report, Jeonbuk Bank in South Korea has started offering business loans secured by Bitcoin. The cryptocurrency used as collateral is held by a third-party custodian. Details on loan terms or the scope of the offering are not available. Source: https://cointelegraph.com/news/south-korea-jeonbuk-bank-bitcoin-backed-business-loans?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Source
- https://cointelegraph.com/news/south-korea-jeonbuk-bank-bitcoin-backed-business-loans?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound