Vietnam proposes allowing SMEs to use digital assets as loan collateral
Vietnam's Ministry of Finance proposes allowing SMEs to use digital assets, intellectual property, and virtual assets as loan collateral. The draft law aims to unlock credit access for startups and tech companies lacking physical assets. Vietnam ranks fourth globally in crypto adoption and plans regulated exchange launches by Q3 2026, expanding financial inclusion for its tech-driven economy.
Key takeaways
- 1Vietnam's Ministry of Finance proposes allowing SMEs to use digital assets and intellectual property as loan collateral to expand credit access.
- 2Vietnam ranks fourth globally in crypto adoption and plans to launch regulated crypto exchanges by Q3 2026.
- 3SMEs represent 98% of Vietnamese enterprises but receive only 20% of total bank credit due to collateral constraints.
Why it matters
This policy shift could unlock credit for India's crypto-active startups and tech companies facing similar collateral barriers, while Vietnam's regulatory framework development signals a potential model for emerging markets seeking to formalize digital asset lending.
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