Jeonbuk Bank in South Korea has introduced the country's first Bitcoin-backed won loans, allowing corporate customers to use Bitcoin as collateral for business loans. The bank uses registered digital asset custodians to hold the Bitcoin collateral without taking direct ownership and has developed a proprietary valuation system based on global exchange prices and market volatility. New enforcement rules enable the bank to recover unpaid loans through court-ordered sales of Bitcoin collateral. Jeonbuk Bank plans to expand digital asset services as regulations evolve, aiming to integrate payment and wallet infrastructure for corporate clients.
Jeonbuk Bank's launch of Bitcoin-backed loans provides context for cryptocurrency market activity. For readers following digital assets, here is Pluang's market snapshot as of Oct 12, 2026 13:22 WIB: out of 50 major cryptocurrencies priced on Pluang, 43 rose and 6 fell today. Notable moves include ONE (Harmony) down 6.69% to Rp35 with a typical hold time of 152 days and a buy order activity of 65%, CAKE (PancakeSwap) up 6.09% to Rp42,780 with a 75-day hold time and 55% buy orders, and MANA (Decentraland) up 4.94% to Rp1,764 with a 156-day hold time and 25% buy orders.
FLSmidth has secured a DKK 225 million contract to provide advanced mill technologies, including a SAG mill and ball mill, for a gold mining project in North America. The equipment, featuring dual reducer gear drives and specialized mill liners, is s...
DLR Kredit A/S disclosed extraordinary redemptions effective October 9, 2026, in compliance with capital market law § 24. The announcement aims to fulfill transparency directive requirements and will be shared through Nasdaq Copenhagen. Investors can...
On October 12, 2026, Tryg A/S shares began trading ex-dividend with a dividend payout of 2.15 Danish kroner per share. This means investors buying the stock from this date will not receive the upcoming dividend. The announcement follows Tryg's strong...
Kosmos Energy announced it will release its third quarter 2026 financial results on November 2, 2026, before the UK market opens. The company will hold a conference call and webcast at 11:00 a.m. ET the same day, accessible via phone and online. This...
On October 12, 2026, Tryg A/S shares began trading ex-dividend with a dividend payout of DKK 2.15 per share. This means investors buying shares from this date will not receive the upcoming dividend. The announcement follows Tryg's strong interim resu...
