TechFlow, June 2 — According to The Block, South Korea's humanitarian aid organization World Vision Korea sold 0.55 ETH (approximately $1,396.50) on Upbit, becoming the first institution to sell crypto assets since South Korea began lifting its institutional crypto trading ban. The Financial Services Commission (FSC) previously stated that, starting June 1, eligible non-profit organizations and registered crypto exchanges may sell their held crypto assets. The FSC plans to further allow listed companies and registered professional investors to engage in crypto trading in the second half of 2025.
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