Macro EconomyMedium•2 November 2026•
1 min read
South Korea to Tax US Stock-Linked Crypto Futures at 11%
Key Facts
1The South Korean government plans to impose an 11% capital gains tax on US stock-linked perpetual futures traded on overseas cryptocurrency exchanges.
The South Korean government plans to impose an 11% capital gains tax on US stock-linked perpetual futures traded on overseas cryptocurrency exchanges. According to bloomingbit, the Ministry of Economy and Finance has classified these products as overseas equity derivatives to bring them into the tax net starting next year, applying the levy to annual gains exceeding approximately $1,810.
The ruling aims to close tax loopholes for retail traders seeking exposure to US equities like NVIDIA, Apple, and Tesla through crypto platforms. This regulatory shift follows economic data from South Korea showing exports grew 93.7% year-on-year on November 1, 2026, while the Manufacturing PMI reached 51.3 on November 2, 2026.