According to reports from Wu, the South Korean Financial Services Commission announced that starting in June, non-profit organizations and virtual asset exchanges can legally sell virtual assets, provided they establish internal review mechanisms and strengthen anti-money laundering checks. Cryptocurrency donation assets received by non-profit organizations must be converted to cash immediately and are limited to mainstream currencies on Korean won exchanges. Meanwhile, the government will implement new regulations starting June 1, requiring newly listed currencies to have a minimum circulation and restricting market price orders during the initial listing period to prevent manipulation and speculation of zombie coins and meme coins.