
Korea's Jeonbuk Bank has begun offering BTC-collateralized loans to businesses, becoming the first traditional Korean bank to do so. Currently available only to businesses, the loans accept BTC as collateral and disburse Korean won exclusively for corporate operational use. The BTC is held by a third-party custodian, and the bank does not handle the cryptocurrency directly. Among Korean companies, Nexon—the owner of Bubble Bobble, MapleStory, and DNF—holds the largest BTC position, totaling over 2,000 BTC. Other companies hold significantly less due to previous regulatory restrictions in Korea. https://t.co/T3q2EXOmly
