Bitcoin Basics

Moscow Exchange Opens a Door to Bitcoin as a Korean Bank Starts Lending Against It

Bitcoin connecting a stock exchange and a bank vault

Bitcoin Newsletter
October 12, 2026

Top Bitcoin Adoption Stories (October 5 to October 12, 2026)

1. Moscow Exchange Plans to Open Bitcoin Trading on December 1

Russia’s largest exchange, the Moscow Exchange, plans to let clients trade Bitcoin starting December 1, according to reports from Bitcoin.com News and Bitcoin Magazine. According to Bitcoin.com News, everyday (non-qualified) investors will face an annual limit of 300,000 rubles per broker and must pass a knowledge test before they can buy.

Key Takeaway: When a country’s main stock exchange lists Bitcoin, ordinary investors get a regulated, familiar way in, even if limits apply at first.

2. Jeonbuk Bank Makes South Korea’s First Bitcoin-Backed Bank Loans

South Korea’s Jeonbuk Bank, part of JB Financial Group, has started lending Korean won to corporate clients with Bitcoin as collateral, the first bank in the country to do so. A bank official confirmed that at least one loan has already been made. Only Bitcoin is accepted, the money can only be used for business operating costs, and the coins are held by a registered third-party custodian, not by the bank. If a borrower defaults, the bank would recover its money through a court-ordered sale, using revised enforcement rules that took effect October 1. Loan size, interest rate, and loan-to-value ratio were not disclosed.

Key Takeaway: Banks treating Bitcoin as acceptable collateral is a big step: it means holders can borrow against their Bitcoin instead of selling it.

3. Strategy Adds 250 BTC, Bringing Its Stack to 848,250 BTC

Michael Saylor’s Strategy announced it bought another 250 BTC and repurchased $192 million of its STRC preferred shares. As of October 11, the company holds 848,250 BTC, plus about $5.5 billion in U.S. dollar assets.

Key Takeaway: The largest corporate Bitcoin holder keeps adding, week after week, a steady signal that some public companies see Bitcoin as a long-term treasury asset.

4. UK’s Smarter Web Raises £10 Million With Bitcoin-Focused Preferred Shares

The Smarter Web Company, a UK Bitcoin treasury company, said its offer of preferred shares (ticker MORE) closed on October 9 and conditionally raised £10.0 million gross (about £8.3 million after expenses), with £7.6 million coming from retail investors. The shares are priced at £90, carry a variable dividend paid weekly, and are expected to begin trading on the London Stock Exchange’s Main Market on October 14. The company says the proceeds will go toward working capital, buying Bitcoin, and business growth.

Key Takeaway: Bitcoin treasury companies are building new investment products on public markets, and in this case most of the money came from everyday investors.

5. What Beginners Should Notice

This week shows Bitcoin plugging into traditional finance from several directions: a national stock exchange (Moscow), a bank lending against it (Jeonbuk), and public companies raising money to hold it (Strategy and Smarter Web). Each one comes with rules, such as purchase caps, knowledge tests, corporate-only access, and custodians.

Key Takeaway: More doors into Bitcoin are opening, but each has its own limits and trade-offs. Understand who holds your coins and what the rules are before you walk through one.

Sources

Watch on YouTube

Want these stories in video form? Catch the daily rundown on our channel: Bitcoin News Today (Daily). Subscribe to Bitcoin Basics on YouTube

This post is for educational purposes only and is not financial advice. Bitcoin only, no altcoin coverage.

Stay ahead in the Bitcoin world!

Sign up for our exclusive newsletter for Bitcoin adoption insights, how-to guides, memes, the latest news, and more. Get the book Bitcoin Basics: Understanding the Future of Money Through Quotes wherever you buy books (including Amazon).

Discover more from Bitcoin Basics

Subscribe to get the latest posts sent to your email.

Leave a Reply