South Korean Banks Face Digital Asset Readiness Queries from S&P and Moody's

Major South Korean banks and financial firms were questioned by S&P and Moody's in March and April regarding their preparedness for digital assets. According to NS3.AI, S&P inquired about the risks, opportunities, and strategies of these banks as South Korea plans to introduce a central bank digital currency (CBDC) and stablecoins. Moody's has reportedly included questions about digital asset capabilities in its preliminary questionnaire for the first time this year.