According to Foresight News, MoonPay signed its first banking partnership memorandum with Woori Bank, one of South Korea’s four major commercial banks. MoonPay Korea will provide global distribution, cross-border settlement, wallet access, and currency exchange infrastructure for the Korean won stablecoin market.
MoonPay Korea appointed founding executive Bugeon Lee as Asia-Pacific regional head, based in Seoul, to oversee engagement with Korean regulators, banks, and corporate partners.
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