CoinScoopMoonPay Establishes South Korean Subsidiary to Drive Regional Expansion
MoonPay officially launched its South Korean subsidiary, MoonPay Korea, on September 29 at the Conrad Hotel in Seoul. The company aims to partner with major financial institutions, including Woori Bank, KB Financial Group, and KakaoBank, to develop stablecoin infrastructure and cross-border payment solutions. MoonPay previously acquired the fintech firm Finger for approximately $81 million and appointed Choi Han-kyeol as VP of Strategy. The company plans to pursue VASP registration in 2027 following necessary security compliance.
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