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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.
Crypto
Korea Investment Securities seeks stake investment in Coinone with global exchange OKX
Korea Investment Securities is known to be seeking a stake investment in Coinone together with global digital asset exchange OKX, drawing industry attention. The two are discussing acquiring about 20 percent each, with a structure likely centered on issuing new shares rather than buying existing stakes. Coinone said it is discussing partnerships, including strategic equity investments, with multiple companies but nothing has been decided.
Crypto
Police clear former Gopax chief in GoPay case as repayment process watched
South Korean police have decided not to forward to prosecutors two complaints filed against former Streami chief Lee Jun-haeng, the founder of crypto exchange Gopax, over the GoPay payout suspension that affected about 3,000 users. Police cited insufficient evidence for embezzlement and found no breach of trust, calling a bond sale a lawful management decision. The case has drawn attention as a repayment process delayed for nearly three years remains incomplete.