CryptoMedium•14 October 2026•
1 min read
Jeonbuk Bank Launches South Korea's First Bitcoin-Backed Corporate Loans
Key Facts
1Jeonbuk Bank launched South Korea's first won-denominated loans secured by Bitcoin for corporate borrowers.
2South Korean authorities blocked access to unregistered trading platforms including KuCoin and MEXC.
Jeonbuk Bank launched South Korea's first won-denominated loans secured by Bitcoin for corporate borrowers. Crowdfund Insider reported that the move represents a pioneering step in integrating digital assets into conventional bank credit, aligned with the bank's vision to expand into crypto-related financial services.
The launch comes as South Korean authorities blocked access to unregistered trading platforms, including KuCoin and MEXC. According to reports, these regulatory measures aim to ensure market integrity and enforce compliance with local laws, following new enforcement rules that took effect on October 1, 2026.