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

CoinDesk
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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.

Key Takeaways

  1. Loans use third-party custodians for bitcoin holdings and rely on court-ordered sales if borrowers default.
  2. Read the full article for additional context and details.
  3. Read the full article for additional context and details.
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Summary generated by IndiCrypto from CoinDesk. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.