Mike Belshe: South Korea traditional bank to use Bitcoin as collateral for digital asset lending

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Mike Belshe: South Korea traditional bank to use Bitcoin as collateral for digital asset lending — South Korea bank to use Bitcoin collateral

A traditional bank in South Korea is moving forward with digital asset services, planning to use pristine Bitcoin as collateral for lending.

Mike Belshe shared this update, highlighting the development as a notable move for the banking sector's engagement with digital assets.

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Mike Belshe has recently addressed regulatory and security developments in the crypto space. He previously backed a broad ethics bill covering digital assets, stocks, and commodities. Belshe also announced that BitGo introduced a quantum resistance score for its wallets to enhance crypto security.

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