From Cointelegraph

June 2, 2025 1:31 am:

World Vision Korea becomes the first nonprofit in South Korea to sell crypto after new rules were implemented. They sold 0.55 ETH, worth $1,436, on Upbit. The Financial Services Commission updated regulations to allow nonprofits and exchanges to sell cryptocurrencies. Upbit’s trading volume fell by 34% in the first quarter of 2025. Nonprofits can now sell crypto received through donations, while exchanges can liquidate user fees in crypto. FSC will allow public firms to trade crypto later this year. Over 16 million investors in South Korea hold crypto accounts. Public officials in South Korea have disclosed holding $9.8 million in crypto assets. Crypto trading in South Korea exploded in 2017, leading to stricter regulations.

Read more at Cointelegraph: World Vision first to trade crypto in South Korea after ban