In 2025, South Korea will let organisations to sell cryptocurrency donations.

The Financial Services Commission (SFC) of South Korea plans to direct banks to provide further services to cryptocurrency companies and for organisations to begin selling their donations of digital assets.

Starting in the second half of 2025 South Korea's main financial inspector will give permission for academic institutions and nonprofit organizations to dispose of their received cryptocurrency donations.

The SFC had established restrictions that barred institutions from making bitcoin exchange accounts.

Under the framework established by the FSC on February 13 professional investors and businesses obtained permission to establish "real-name" accounts which will guide them through their first half pilot program asset disposals.

"A pilot test for accounts for investment and financial purposes for certain institutional investors with risk-taking capabilities will be carried out in the second half of the year."

Given that the South Korean government has prohibited corporate virtual asset transactions since 2017 in an effort to "alleviate speculation" and money laundering concerns, the regulator's decision is encouraging for the adoption of cryptocurrencies.

Additionally, the FSC intends to allow cryptocurrency exchanges to sell their holdings, including fees produced by users.

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