South Korea2026.10.16TokenPost

Will Bitcoin Become a Recognized Collateral Asset for Korean Banks?...MEXC Ventures Analyzes the Jeonbuk Bank Case

• Jeonbuk Bank reportedly executed Korea's first bank loan collateralized by Bitcoin on October 12, 2026, per MEXC Ventures research.
• The structure involves a corporate borrower pledging BTC, held by a licensed virtual asset custodian under the Act on Reporting and Using Specified Financial Transaction Information, to receive a Korean-won loan.
• It remains unclear whether this is a standalone Bitcoin-collateralized loan product or supplementary collateral on an existing credit loan, and Korean financial regulators are still reviewing the regulatory framework.