South Korea Implements Strict Crypto Sales Regulations for Non-Profits and Exchanges

South Korea’s Financial Services Commission (FSC) has finalized operating guidelines for cryptocurrency sales by non-profits and exchanges, set to take effect in June 2025. The new framework allows non-profits to legally sell donated cryptocurrencies under stringent internal and regulatory controls, while exchanges can liquidate crypto-based user fees under enhanced oversight rules.

The updated transaction support standards aim to stabilize trading conditions and mitigate risks associated with speculative or illiquid crypto tokens. These measures represent a strategic push by the South Korean government to integrate VIRTUAL assets into the formal financial oversight framework, as confirmed during the fourth Virtual Asset Committee meeting.

The regulations specifically target market impact reduction and anti-money laundering efforts, reflecting growing institutional adoption of digital assets in Asia’s fourth-largest economy. While no specific coins or exchanges are named in the announcement, the rules will apply broadly to all virtual asset transactions conducted through South Korean platforms.