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South Korea’s Jeonbuk Bank Launches Landmark Bitcoin Lending Experiment
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South Korea’s Jeonbuk Bank Launches Landmark Bitcoin Lending Experiment

Key Highlights: Jeonbuk Bank is rolling out corporate bitcoin-backed lending by leveraging revised Civil Enforcement Rules that permit court-ordered recovery without requiring the bank to hold direct custody of the digital assets. The South Korean lender established a digital-asset valuation model and ran stress tests on bitcoin, choosing the cryptocurrency for its high market capitalization, ...