On October 12, 2026, a South Korean bank quietly rewrote the rulebook for corporate finance. Jeonbuk Bank launched the country’s first regulated Bitcoin-backed won loan program, explicitly allowing businesses to fund operating expenses—including crypto payroll obligations—with borrowed fiat secured by BTC holdings (CryptoRank, October 12, 2026). For the first time, a licensed commercial bank is treating cryptocurrency as collateral for general-purpose business lending.

This is not another crypto lending platform. It is a bank supervised by South Korea’s Financial Services Commission, issuing loans in local currency against Bitcoin. The development directly reshapes crypto payroll compliance 2026 because it bridges the persistent gap…