Speakers
Wee Siang Lee
Executive Director (PDS), Head of APAC Compliance
Paxos
Wee Siang Lee is Executive Director and Head of APAC Compliance at Paxos, a regulated blockchain infrastructure company providing trusted digital asset services, including stablecoin issuance and crypto brokerage. Paxos issues regulated digital assets including PayPal USD (PYUSD), Global Dollar (USDG), and Pax Gold (PAXG), and supports institutional use cases across payments, settlement, and digital asset markets.
Based in Singapore, Wee Siang serves as MLRO for Paxos’ Singapore entities and oversees regulatory strategy, AML/CFT, and governance across the Asia-Pacific region. He works closely with regulators on digital asset market infrastructure, stablecoin frameworks, cross-border issuance models, and the practical application of traditional financial crime controls to Web3.
Wee Siang has been with Paxos for over five years and has played a key role in supporting Paxos’ successful attainment of two separate MAS payment services licences in Singapore, covering stablecoin-related activities and crypto trading activities. He also serves as Deputy MLRO for Paxos’ UAE operations, where he has been involved in FSRA licensing and regulatory supervision matters.
Prior to joining Paxos, Wee Siang built his career in private banking compliance, with a particular focus on financial crime compliance. He rotated across key compliance functions including KYC, transaction monitoring, and quality assurance, giving him a strong foundation in traditional financial services controls. This experience has shaped his approach to bridging institutional-grade compliance standards between traditional finance and digital asset markets. Wee Siang graduated with First Class Honours from the National University of Singapore Business School.
Speaking At
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3:30–4:30pmMon 16 NovWorkshopWorkshop Room 2Open
Others
Re-imagining Financial Innovation Through Digital Infrastructure - Powered by Kraken Payward
WorkshopWorkshop Room 2Open
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Kevin KangCo-founderReap
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Matthias Bauer-LanggartnerHead of Policy, EuropeChainalysis
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Wee Siang LeeExecutive Director (PDS), Head of APAC CompliancePaxos
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Grace ChongHead of Financial RegulatoryDrew & Napier LLCModerator
About this session
The infrastructure underpinning payments, settlement and asset issuance is undergoing a significant upgrade. This Payward-led session examines how distributed ledger technology, asset tokenisation and 24/7 access to global markets are reshaping how financial institutions operate and access financial services.
Drawing on operational experience in regulated environments, the discussion will explore how industry participants and regulators can work together to manage systemic risk and ensure consumer protections in an increasingly global technology stack.
Participants will gain insights from market experts assessing how emerging infrastructure may change competition and regulation, and what these developments could mean for established institutions and new entrants.
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