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Crypto

MoonPay sets up Korean unit to target crypto payments market

MoonPay, a global crypto payments and stablecoin infrastructure company, said on Tuesday it has established a Korean unit, MoonPay Korea, to expand its domestic business. The company plans to develop South Korea as a key base for broader expansion across Asia. It aims to localise services with local partners, integrate with financial systems and validate customer experience before scaling to other Asian markets. MoonPay is also pursuing cooperation with several Korean financial and technology firms.

Crypto

MoonPay steps up push into South Korea, hires Hi Hangyeol Choi as VP of Strategy

MoonPay, a global crypto payments and stablecoin infrastructure company, said on Sept. 17 it hired former Streami vice president Hi Hangyeol Choi as MoonPay Korea\'s VP of Strategy. The company plans to use his appointment to expand cooperation with domestic financial companies and key partners. Choi previously worked at Mirae Asset Securities and IBK Industrial Bank of Korea, and spent more than eight years at Streami, operator of the GOPAX won-based crypto exchange.