๐จ South Korea just crossed a major institutional threshold
Jeonbuk Bank = first commercial bank in SK accepting $BTC as loan collateral for corporate borrowers
Key mechanics:
โข Third-party custody setup
โข New asset-seizure framework in place
โข Corporate lending only (for now)
This isn't some crypto-friendly neobank. This is a traditional commercial bank treating $BTC like real estate or equity collateral.
When TradFi starts building infrastructure to seize your corn if you default... that's when you know institutional adoption is real.
Bullish for Asian liquidity flows into crypto ๐
Jeonbuk Bank = first commercial bank in SK accepting $BTC as loan collateral for corporate borrowers
Key mechanics:
โข Third-party custody setup
โข New asset-seizure framework in place
โข Corporate lending only (for now)
This isn't some crypto-friendly neobank. This is a traditional commercial bank treating $BTC like real estate or equity collateral.
When TradFi starts building infrastructure to seize your corn if you default... that's when you know institutional adoption is real.
Bullish for Asian liquidity flows into crypto ๐