According to the Coinjie.com, the South Korean Financial Commission announced on May 4 that it will allow non-profit legal persons and virtual asset exchanges to sell virtual assets from June this year. According to the latest guidelines, external auditing 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 cashed out immediately and are limited to assets listed on more than 3 Korean won exchanges. For the exchange, the sale is only for operating expenses and must comply with daily trading limits to minimize market impact. The new regulations will be implemented from June 1 to regulate market order and prevent risks such as "listing flash crashes".