Vietnam Proposes Allowing SMEs to Use Digital Assets as Loan Collateral

Cointelegraph Staff

(10:03 AM UTC)

1 min read

Vietnam’s Ministry of Finance has proposed letting small and medium-sized enterprises use digital assets, virtual assets and intellectual property as collateral for bank loans.

The proposal is part of a draft revised Law on Support for SMEs, which is open for public consultation, according to a Friday report by Vietnam News. Under the framework, businesses could secure loans using future-formed…

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