Moody's is preparing to conduct credit assessments on stablecoins.

According to a report by Nikkei Asia, the rating agency Moody's is preparing to adopt its own methodology to conduct credit assessments of stablecoins in order to meet investor demand driven by the growing adoption of digital assets across Asia and other regions. Fabian Astic, Managing Director at Moody's and Global Head of the Digital Economy, stated that this move reflects the transformation brought about by the near-mainstream adoption of digital fintech. He declined to disclose the timing of the first ratings. In a recent interview with Nikkei Asia in Tokyo, Astic noted that there has been a gap between supply and demand for stablecoins over the past few years. He pointed out that issuers of stablecoins are ready to launch new digital assets.

AASTOCKSMay 5 17:17

Hong Kong Monetary Authority: Will consider whether to issue new licenses after the first batch of stablecoins is launched.

Yu Weiwén indicated that after the initial batch of stablecoins is launched, further consideration will be given to whether new licenses should be issued. He reiterated that even if additional licenses are granted, the number will remain limited and subject to market capacity in terms of how many issuers and new types of risks can be accommodated. He emphasized that expectations management for the market will be carefully handled.

Zhitong FinanceMay 4 14:41

HashKey Sets 2026 AGM to Approve Director Changes and Capital Mandates

TipRanksApr 29 19:04

HASHKEY HLDGS: 2025 ANNUAL REPORT

HKEXApr 29 18:00 · Announcements

BIS Warns: Cryptocurrency Exchanges Are Evolving Into 'Shadow Banks'

The Bank for International Settlements (BIS) released a research report stating that cryptocurrency exchanges are offering lending services akin to banking through products labeled as 'wealth management' and 'yield generation.' However, these services lack deposit insurance and regulatory safeguards, effectively forming a 'shadow banking' system.

PANewsApr 24 08:51

HashKey Group Announces Strategic Partnership With ANAP Holdings to Expand Bitcoin Treasury and Institutional Asset Management in Japan

PR NewswireApr 23 11:00