MoonPay's Korean subsidiary, 'MoonPay Korea,' officially launched, announcing its plan to register as a Virtual Asset Service Provider (VASP) in Korea next year. According to Edaily, MoonPay plans to implement actually usable services in Korea, such as international remittances, payments/settlements, and global distribution of digital assets, by connecting its payment and stablecoin infrastructure accumulated in the global market with domestic financial services. The goal is to verify service localization with domestic partners, financial system integration, and customer experience, centered around MoonPay Korea, and then expand these to suit the market environments of various Asian countries in the future.
