South Korea is taking a major step toward integrating cryptocurrencies into the country’s financial system. The Financial Services Commission (SFC) announced that institutions such as charities and universities will be able to legally sell their crypto donations starting in the second half of 2025. The move comes as a result of a change in policies that previously restricted institutions from opening accounts on cryptocurrency exchanges.

The pilot program will allow 3,500 corporations and professional investors to open real-name accounts in the first half of the year, after which they will be able to sell their digital assets.

The move is a good sign for cryptocurrency adoption, especially since the South Korean government has restricted corporate transactions in virtual assets since 2017 to address concerns about speculation and money laundering. The SFC also plans to allow crypto exchanges to sell their crypto assets, including fees from users.

This could significantly change the crypto trading landscape in the country and improve cooperation with banks and financial institutions.