[Vietnam Proposes Allowing Digital Assets as Collateral for Bank Loans, Promoting Integration of Crypto Assets into the Formal Financial System] BlockBeats News, June 1, according to FinanceFeeds, Vietnam's Ministry of Finance has proposed a draft amendment to the 'Law on Supporting Small and Medium Enterprises,' which aims to allow domestic credit institutions to accept digital assets and virtual assets as legitimate collateral for commercial bank loans. The proposal seeks to break the long-standing reliance on physical assets such as real estate as the primary form of collateral, unlock liquidity in the crypto asset market, and expand financing channels for small and medium-sized enterprises (SMEs). Reports indicate that approximately 930,000 SMEs in Vietnam account for over 98% of the country's registered businesses, yet currently only receive about 19% to 20% of the banking system's credit resources. Under the proposed amendment, commercial banks could include digital assets, intellectual property, movable assets, and future assets as collateral, and place greater emphasis on factors such as corporate cash flow, credit ratings, and digital asset holdings when issuing loans. If the bill is approved by the National Assembly in October 2026, it is expected to take effect on July 1, 2027.