The Block (@TheBlockCo): NEW: South Korea's Jeonbuk Bank has started offering bitcoin-backed loans, according to Edaily news.
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NEW: South Korea's Jeonbuk Bank has started offering bitcoin-backed loans, according to Edaily news. The bank will initially accept only bitcoin as collateral for loans offered on a limited basis to corporate clients, and plans to expand the services depending on demand and regulatory developments. $BTC