Here’s what happened in crypto today

Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, Web3 and crypto regulation.

Today in crypto, Vietnam has proposed letting SMEs use digital assets, virtual assets and intellectual property as loan collateral, Circle freezes $12.6 million in stablecoins linked to the Zama privacy protocol, spot Bitcoin ETFs logged a record 10-day outflow streak totaling nearly $3 billion.

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 assets, property rights, intangible assets and digital or virtual assets.

Read more