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Austria’s 21bitcoin Launches Europe-First Bitcoin-Backed Loan Pilot With VR Bank and Sopra

Bitcoin.com•Tuesday, October 21, 2025 at 9:30:09 AM
PositiveCryptocurrency
Austria’s 21bitcoin Launches Europe-First Bitcoin-Backed Loan Pilot With VR Bank and Sopra
Austria's 21bitcoin has launched a groundbreaking pilot program for Bitcoin-backed loans in partnership with VR Bank and Sopra, marking a significant milestone in Europe's financial landscape. This initiative not only showcases the growing acceptance of cryptocurrency in traditional banking but also offers innovative financing options for individuals and businesses. As the first of its kind in Europe, this pilot could pave the way for more widespread adoption of Bitcoin in lending practices, potentially transforming how people access credit.
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