# @bitcoin.conference on Instagram

- **Type:** Image
- **Original URL:** https://www.instagram.com/p/DeepY2tDm9N
- **Gondola URL:** https://gondola.cc/posts/71694580-bitcoinconference-instagram
- **Thumbnail:** https://img.gondola.cc/tr:w-,h-,fo-auto/postThumbnails/fdf61f5c51.jpg
- **Posted:** 2026-10-14T14:55:23.000+00:00
- **Account Owner:** The Bitcoin Conference (@bitcoin.conference) — https://gondola.cc/bitcoin.conference

## Caption

🇰🇷 SOUTH KOREA'S FIRST #BITCOIN BACKED BANK LOAN IS LIVE‼️

Jeonbuk Bank, a unit of JB Financial Group, is offering won-denominated loans secured by bitcoin to corporate clients.

👉 Proceeds are limited to operating costs
👉 One loan has already been executed

The bank says it ran stress tests on sharp price drops and chose Bitcoin because of its deep liquidity 👏

The Bitcoin sits with a registered custodian, and the bank can seek a court-ordered sale on default.

Bitcoin is moving from speculative asset to bankable collateral, one country at a time! 🧡

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- **Likes:** 410
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## Tags

bitcoinadoption, bitcoinnews, bitcoin

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