South Korea’s Jeonbuk Bank Lends Won Against Bitcoin, Using Court Sales for Defaults

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South Korea’s Jeonbuk Bank Lends Won Against Bitcoin, Using Court Sales for Defaults

The South Korean lender confirmed a corporate loan secured by custodied BTC but has not disclosed its size, interest rate or loan-to-value ratio. The post South Korea’s Jeonbuk Bank Lends Won Against Bitcoin, Using Court Sales for Defaults appeared first on Unchained.