TechFlow, May 21 — According to TheBlock, the Korea Financial Services Commission (FSC) announced enhanced KYC/AML requirements for cryptocurrency exchanges and banks, preparing for the upcoming institutional investment liberalization. Starting June 2025, non-profit organizations will be allowed to sell cryptocurrencies received as donations, and registered exchanges may liquidate fees paid by users in crypto form. South Korea plans to allow listed companies and professional investors to participate in crypto trading in the second half of 2025. As one of the world's largest crypto markets, approximately 20% of South Korea's population participates in crypto trading, with a daily trading volume reaching $5.26 billion. Crypto policy has become a key issue in the upcoming presidential election, with major candidates supporting the lifting of the ban on spot crypto ETFs.
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