PANews reported on June 2 that according to The Block, the South Korean humanitarian aid organization World Vision Korea sold 0.55 ETH through the Upbit exchange, becoming the first non-retail institution to complete the sale of coins since South Korea lifted the ban on institutional crypto trading. The Financial Services Commission (FSC) has allowed compliant non-profit organizations and registered exchanges to sell their crypto assets since June 1. The FSC plans to further relax policies in the second half of this year to allow listed companies and professional investment institutions to participate in crypto trading.