Exchanges· ★★★★· bullish·

South Korea's Jeonbuk Bank Issues Bitcoin-Backed Loan as Bulgaria's Fibank Opens Crypto to 1M Clients

  • —Jeonbuk Bank issued a won-denominated corporate loan backed by BTC; amount and rate undisclosed
  • —The pledged Bitcoin is held by a third-party custodian, not the bank itself
  • —Fibank will launch crypto investing in its My Fibank app in early 2027
  • —Bitpanda Enterprise will be Fibank's exclusive crypto-asset services provider
Why it matters: Major banks in South Korea and Bulgaria are folding Bitcoin into lending and retail products, widening institutional access to crypto.
#BTC
Source: Crypto Adventure
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