Vietnam Eyes Crypto Loans for SMEs Policy Shift
The post Vietnam Eyes Crypto Loans for SMEs Policy Shift appeared on BitcoinEthereumNews.com. Vietnam proposes allowing SMEs to use digital assets, virtual assets, and IP as loan collateral under draft law. Vietnam’s Finance Ministry has proposed a policy change that could allow small and medium-sized enterprises to use digital assets, virtual assets, and intellectual property as bank loan collateral. The plan, now under public consultation, could widen credit access for private firms and technology startups that lack land or other fixed assets. Vietnam Reviews New Loan Collateral Rules According to Viet Nam News, the Ministry of Finance has added the proposal to a draft amendment to the Law on Support for SMEs. The draft would expand the types of assets that banks may accept when firms apply for loans. The proposal includes future-formed assets, property rights, intellectual property rights, intangible assets, digital assets, and virtual assets. It also covers other lawful assets unde