PANews reported on May 21 that according to CoinDesk, the Financial Services Commission (FSC) of South Korea announced that it will allow non-profit organizations and virtual asset exchanges to sell their cryptocurrencies starting in June, while tightening the listing rules for exchange tokens. Non-profit organizations must meet conditions such as at least five years of audited operating records and the establishment of a donation review committee, and can only accept tokens listed on at least three Korean won exchanges and must sell them immediately.

The sale of cryptocurrencies by exchanges is limited to raising operating funds, with daily sales limits and prohibition of trading through their own platforms. Only the top 20 tokens in terms of market value are allowed to be traded, and they must comply with anti-money laundering standards. The FSC also strengthened the review of listings, requiring local exchanges to filter out "zombie coins" with low trading volume or market value, and set higher listing thresholds for meme coins, such as user base or transaction history, to curb price fluctuations and strengthen investor protection. The FSC said that the new rules are a policy adjustment after the ban on institutional trading of cryptocurrencies in 2017, aimed at balancing supervision and market flexibility, and plans to expand the rules to corporate and institutional investors by the end of 2025.