Vietnam Proposes Digital And Virtual Assets As Loan Collateral For SMEs
The post Vietnam Proposes Digital And Virtual Assets As Loan Collateral For SMEs appeared on BitcoinEthereumNews.com. A New Kind of Collateral for Vietnam’s Small Businesses For years, Vietnamese tech founders and small manufacturers have faced a common roadblock: they need capital to grow, but banks demand land titles or factory buildings as collateral—assets many startups simply don’t own. A draft amendment now under public consultation could rewrite that rulebook. Vietnam’s Ministry of Finance has proposed expanding legal collateral to include digital assets, virtual assets, and intellectual property, opening a path for crypto portfolios and tokenized IP to back business loans. According to the original report published by WuBlockchain via Vietnam News Agency, the proposal is embedded in a draft revision of the Law on Support for SMEs. It explicitly lists future-formed assets, property rights, and digital and virtual assets among acceptable forms of collateral for bank loans, alongs