Roobet Banner
BTC $84,023.00 (+1.21%)
ETH $2,475.38 (+0.62%)
BNB $745.77 (+1.08%)
XRP $1.37 (+2.58%)
SOL $107.01 (-0.44%)
TRX $0.33 (+0.05%)
ZEC $1,314.58 (+7.89%)
HYPE $80.35 (-1.36%)
DOGE $0.08 (+0.84%)
XMR $601.96 (-1.60%)
LINK $12.43 (+0.06%)
ADA $0.23 (+0.28%)
LEO $9.04 (+0.20%)
NEAR $5.18 (+2.85%)
RAIN $0.01 (+0.36%)
XLM $0.18 (+1.41%)
BCH $286.72 (+1.64%)
LTC $61.43 (+0.92%)
UNI $7.47 (-0.85%)
AVAX $9.70 (-1.65%)

Armenia vs India

Crypto regulation comparison

← Back to map | Armenia | India
Armenia

Armenia

India

India

Legal
Legal

Armenia adopted a comprehensive Law on Crypto Assets in May 2025, effective July 2025, modeled on the EU's MiCA. The Central Bank of Armenia licenses crypto service providers. Non-entrepreneur crypto gains are tax-free (0%); ECOS Free Economic Zone offers incentives for blockchain startups. Licensing enforcement begins January 2026.

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 Capital gains
Tax Type Capital gains
Tax Rate 0% (non-entrepreneur) / 10-20% (business)
Tax Rate 30%
Exchanges Yes Yes
Exchanges Yes Yes
Mining Yes Yes
Mining Yes Yes
Regulator Central Bank of Armenia
Regulator CBDT, FIU-IND, SEBI, RBI
Stablecoin Rules No specific stablecoin regulation
Stablecoin Rules No specific stablecoin regulation; RBI exploring digital rupee CBDC
Key Points
  • Law on Crypto Assets adopted May 2025, effective July 2025
  • Central Bank of Armenia licenses all crypto service providers
  • 0% capital gains tax for non-entrepreneur crypto transactions
  • Framework modeled on EU MiCA regulation
  • Licensing enforcement begins January 31, 2026
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