[Coinone Completes Virtual Asset Sale Worth Approximately $3.09 Million to Cover Personnel Expenses and Taxes] Odaily Planet Daily News: South Korean exchange Coinone sold virtual assets worth approximately 4.356 billion KRW (around $3.09 million) to Upbit and Korbit between the 8th and 31st of last month. Benefiting from price increases, Coinone achieved an additional profit of approximately 220 million KRW. This sale aligns with the "Roadmap for Corporate Participation in the Virtual Asset Market" announced by the Korean Financial Services Commission in February this year, which allows non-profit organizations and exchanges to liquidate virtual assets for personnel expenses and tax payments. Coinone stated that the funds will also be used to cover other operational costs. (News 1)