MoonPay Signs First Banking Partnership with Woori Bank, Appoints Bugeon Lee as Asia-Pacific Head

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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