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News#BTC

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

Loans use third-party custodians for bitcoin holdings and rely on court-ordered sales if borrowers default.

Loans use third-party custodians for bitcoin holdings and rely on court-ordered sales if borrowers default.

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Read the full story at coindesk.com: https://www.coindesk.com/business/2026/10/12/south-korea-just-got-its-first-traditional-bank-loans-backed-by-bitcoin

Source: coindesk.com

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