The Digital Asset Donation Association (DADA) said on the 1st that it held the "DADA Forum 2026" at the Maru180 event hall in Seoul on the 29th of last month. About 100 people from more than 40 organizations attended the forum.
The forum shared the experiences of organizations that actually received donations after the Financial Services Commission allowed public corporation virtual asset donations to be converted to cash last year. Yu Gil-sang, a Financial Supervisory Service financial education professor, cited the transparency and traceability of the transaction, the speedy movement of funds, and the securing of new donor groups as advantages of digital asset donations.
World Vision presented the first case among domestic nonprofit organizations of converting donations in Bitcoin (BTC) and Ethereum (ETH) into cash. World Vision began preparations in 2022 and raised a total of 1.04 billion won, and shared its internal review procedures and its responses to anti-money laundering (AML) and know your customer (KYC) requirements.
Save the Children explained that, during its digital asset donation campaign, the required documents differed by bank and exchange, creating a heavy administrative burden. However, it emphasized that, because there is real donation demand, related efforts should continue.
Presenters also introduced overseas cases that day. In the United States, many top nonprofit organizations accept cryptocurrency donations, and cases of holding or managing digital assets over the long term are increasing. Legal experts suggested that it is necessary to improve complex procedures and establish support systems dedicated to nonprofits.
The technology session covered AI-based donor analysis, reducing overseas remittance expense using stablecoins, and Blockchain-based disaster relief cases.