Vietnam weighs letting SMEs pledge digital assets for loans after credit gap leaves them with 20% of bank lending


3 recorded changes
Want your article here?
Promote with Leviathan News

3 recorded changes
Want your article here?
Promote with Leviathan NewsVietnam's Ministry of Finance wants banks to accept digital assets, virtual assets and IP as collateral under a draft SME support law now in public consultation. SMEs and household businesses make up more than 98% of Vietnamese enterprises but hold only around 20% of bank credit, with SME loans at about VND3.8 quadrillion ($144.2 billion) at the end of April. This is still draft-stage policy, but the direction is clear: Vietnam wants intangible assets to become bankable collateral, not just balance-sheet dead weight.
TLDR by @Benthic

Coindesk ·

Coindesk ·

𝕏/@RapidResponse47 ·

𝕏/@FTDA_US ·

𝕏/@a16zcrypto ·

𝕏/@dangambardello ·

Coindesk ·

Coindesk ·

𝕏/@RapidResponse47 ·

𝕏/@FTDA_US ·

𝕏/@a16zcrypto ·

𝕏/@dangambardello ·
🚀 Love DeFi? Ready to dive in and start earning $SQUID while making an impact?