The Financial Services Commission (FSC) has announced that charities and universities will be allowed to sell crypto donations starting in Q2 2025. This initiative aims to cater to the rising demand for crypto trading by institutions.
The FSC emphasized the need for a Sales Guideline to prevent conflicts of interest that may arise from large-scale sales by crypto exchanges. The flexibility in crypto trading is expected to reflect the evolving market landscape.
By the second half of this year, the FSC plans to conduct pilot tests for approximately 3,500 companies to open real-name crypto trading accounts. This move underscores the growing acceptance and integration of crypto within South Korea’s financial framework.