Vietnam proposes allowing SMEs to use digital assets as loan collateral
60-second summary
Vietnam's Ministry of Finance is proposing to allow small and medium-sized enterprises (SMEs) to use digital assets, virtual assets, and intellectual property as loan collateral. This move aims to provide alternative financing options for SMEs, potentially increasing access to capital and promoting economic growth.
Vietnam’s Ministry of Finance has proposed letting SMEs use digital assets, virtual assets and intellectual property as loan collateral.