According to Viet Nam News, the Vietnamese Ministry of Finance has proposed allowing small and medium-sized enterprises to use digital assets, virtual assets, and intellectual property as collateral for bank loans to improve financing channels for private and tech startup companies. The proposal has been incorporated into the draft revision of the "Small and Medium Enterprise Support Law" and is currently open for public comments. The draft aims to expand the range of acceptable collateral assets, allowing companies to apply for loans using future assets, property rights, digital assets, virtual assets, and other legal assets.

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VinylRadioProphecy
· 28m ago
The draft is still soliciting opinions; it will probably take some time before it is officially approved.
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TheGiantWhaleInTheReflection
· 6h ago
Intellectual property can also be used as collateral, which is more practical than digital assets.
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GlassFishTankArbitrage
· 11h ago
Positive news for Vietnam's Web3 ecosystem, entrepreneurs should be happy.
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SandwichDodger
· 16h ago
Virtual asset collateralization? How banks appraise it is a big issue
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LiquidationLineInTheReflection
· 16h ago
Vietnam's move is impressive; digital assets can finally be used as collateral.
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GateUser-dce566e8
· 16h ago
The biggest shortage for tech startups is collateral, now there's a way forward.
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BridgeTroll
· 16h ago
Amendment to the Small and Medium Enterprise Support Law, Vietnam's business environment is upgrading
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GateUser-26f91b48
· 17h ago
Are banks willing to accept the large price fluctuations of digital assets?
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GateUser-1859b7cd
· 17h ago
With virtual assets, digital assets, and IP moving forward in three-pronged coordination, the financing toolbox is even more richly equipped
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ContrarianIndicatorBonsai
· 17h ago
A new solution to the financing difficulties faced by small and medium-sized enterprises has finally emerged; looking forward to its implementation.
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