Roobet Banner
BTC $82,738.00 (+1.33%)
ETH $2,433.15 (+1.04%)
BNB $725.57 (+0.83%)
XRP $1.31 (+1.74%)
SOL $105.68 (+2.50%)
TRX $0.33 (-0.51%)
ZEC $1,165.16 (+3.73%)
HYPE $79.95 (+1.63%)
DOGE $0.08 (+0.97%)
XMR $595.22 (+3.45%)
LINK $12.17 (+1.96%)
LEO $9.03 (-0.07%)
ADA $0.22 (+0.84%)
NEAR $5.08 (+2.16%)
RAIN $0.01 (+0.87%)
XLM $0.18 (+0.74%)
BCH $278.50 (+1.62%)
LTC $59.80 (+1.41%)
UNI $7.42 (+2.39%)
AVAX $9.77 (-0.09%)

Andorra vs India

Crypto regulation comparison

← Back to map | Andorra | India
Andorra

Andorra

India

India

Legal
Legal

Andorra enacted the Digital Assets Act (Law 24/2022) providing a comprehensive framework for crypto. The AFA licenses exchanges, custodians, and stablecoin issuers. Aligning with EU MiCA.

India legalized crypto taxation in the 2022 Union Budget, imposing a flat 30% tax on all crypto gains with no deductions for losses. A 1% TDS (Tax Deducted at Source) on crypto transactions above thresholds also applies. The Supreme Court struck down the RBI's 2018 banking ban in 2020, and India is now developing a broader regulatory framework.

Tax Type Unclear
Tax Type Capital gains
Tax Rate N/A
Tax Rate 30%
Exchanges Yes Yes
Exchanges Yes Yes
Mining Yes Yes
Mining Yes Yes
Regulator Andorran Financial Authority (AFA)
Regulator CBDT, FIU-IND, SEBI, RBI
Stablecoin Rules Regulated under Digital Assets Act with specific stablecoin licenses
Stablecoin Rules No specific stablecoin regulation; RBI exploring digital rupee CBDC
Key Points
  • Digital Assets Act (Law 24/2022) effective Oct 2022
  • AFA licenses and regulates all digital asset service providers
  • Three categories of stablecoins with specific licensing requirements
  • Low electricity costs make mining attractive
  • Aligning regulations with EU MiCA framework
Key Points
  • Flat 30% tax on all crypto gains with no loss offset against other income (effective April 2022)
  • 1% TDS on crypto transactions above ₹10,000 (₹50,000 for specified persons)
  • Supreme Court struck down RBI's 2018 banking circular banning banks from serving crypto firms
  • FIU-IND requires VASPs to register and comply with PMLA (Prevention of Money Laundering Act)
  • India blocked non-compliant offshore exchanges (Binance, others) in 2024, later some re-registered
Sources
Sources
Roobet Banner