Vietnam Finance Ministry Backs Use of Digital Assets as Collateral for SME Bank Loans
The post Vietnam Finance Ministry Backs Use of Digital Assets as Collateral for SME Bank Loans appeared on BitcoinEthereumNews.com. TLDR: Vietnam’s Finance Ministry proposes digital assets and IP as eligible collateral for SME loans. The draft law aims to improve financing access for startups lacking traditional physical assets. Banks may assess borrowers using cash flows, business plans, and market potential metrics. The proposal aligns with Vietnam’s broader push toward regulated digital asset markets. The Vietnam Finance Ministry proposed allowing SMEs to secure loans using digital and virtual assets. The move aims to improve credit access for startups and innovation-focused businesses that lack traditional collateral. Vietnam Opens New Financing Route for SMEs Vietnam’s Ministry of Finance has proposed expanding the types of assets small and medium-sized enterprises can use when applying for bank loans. Under a draft amendment to the Law on Support for SMEs, businesses could pledge