News list for "Non-profit law"

South Korea will lift restrictions on the sale of virtual assets by non-profit legal entities and exchanges in June

The Financial Commission of South Korea announced on May 4 that it will allow non-profit legal entities and virtual asset exchanges to sell virtual assets from June this year. According to the latest guidelines, external audit legal entities with more than 5 years of business history can conduct virtual asset transactions, but an internal "donation review committee" is required. Virtual assets received by non-profit legal entities must be liquidated immediately and are limited to assets listed o...

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2025-05-04 02:55:53
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