South Korea2026.10.12Digital Asset

"Tax Gap on Perpetual Crypto Futures Could Be Fatal for Domestic Industry"

• Perpetual futures are a unique digital-asset derivative product with no expiration date and 24-hour trading availability.
• Because current Korean law does not define perpetual futures, they cannot be taxed under the enumerated-items (yeolgeo-juui) approach even when digital asset taxation begins in 2027.
• Park noted that on Binance—the exchange with the highest perpetual futures volume—perpetual futures trading volume far exceeds spot trading volume.