Wee Siang Lee

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.