The Bank of Korea requires 18 banks and 13 securities firms to submit updates on virtual asset business activities, risk assessments, and risk-management measures, and to assess the potential impact of scenarios such as major exchange incidents.
S&P Global Ratings launches an on-chain digital-asset lending vault risk assessment (VRA) framework that evaluates the risk of impairment to investor positions across six dimensions. The results of the first assessments have not yet been announced, and S&P emphasized that the assessment is not a credit rating.
