Foresight News reports that the Financial Services Commission (FSC) of South Korea has finalized guidelines for non-profit companies and virtual asset exchanges to sell virtual assets. Starting June 2025, non-profit organizations will be able to sell cryptocurrencies obtained through donations, and donated virtual assets must be liquidated immediately after the donation; exchanges will be able to liquidate cryptocurrencies from user fees, and subsequent disclosures of the results and use of proceeds from virtual asset sales will also be enforced. To prevent money laundering risks, the FSC requires exchanges and banks to strengthen KYC reviews of the source of funds and the purpose of transactions for new institutional clients, and will monitor money laundering activities of institutions and CEOs.