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Finance / General

South Korea just got its first traditional bank loans backed by bitcoin

Source: coinDesk October 12, 2026 · 03:57
South Korea just got its first traditional bank loans backed by bitcoin
From the publisher
Loans use third-party custodians for bitcoin holdings and rely on court-ordered sales if borrowers default.
About the source

CoinDesk

CoinDesk is an American news site specializing in bitcoin and digital currencies. Founded by Shakil Khan, the firm also provides guides to bitcoin for those new to digital currencies.

Wikipedia
Wikidata Q18348227
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About South Korea

More from South Korea →
Capital
Seoul
Region
East Asia & Pacific
Income level
High income
ISO code
KOR
Data: World Bank
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