OKX Banner
BTC $64,123.00 (-0.02%)
ETH $1,843.23 (-1.69%)
BNB $568.01 (-1.34%)
XRP $1.09 (-0.63%)
SOL $75.13 (-0.95%)
TRX $0.32 (-0.06%)
HYPE $59.81 (-4.22%)
DOGE $0.07 (-0.38%)
RAIN $0.01 (-3.34%)
ZEC $544.26 (+1.01%)
LEO $9.80 (-0.05%)
XLM $0.19 (-2.10%)
XMR $330.61 (-1.69%)
ADA $0.17 (+1.89%)
LINK $8.26 (-2.04%)
CC $0.13 (-1.18%)
BCH $220.63 (-0.57%)
GRAM $1.48 (-3.85%)
LTC $45.07 (-0.11%)
USDG $1.00 (+0.27%)

Belarus vs India

Crypto regulation comparison

← Back to map | Belarus | India
Belarus

Belarus

India

India

Legal
Legal

Belarus legalized cryptocurrency through Decree No. 8 (2017), creating a favorable environment in the Hi-Tech Park special economic zone. As of 2025, crypto transactions via HTP residents remain tax-exempt, while transactions on foreign platforms are taxed at 13%. A crypto bank framework was introduced in 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 Varies
Tax Type Capital gains
Tax Rate 0% (HTP) / 13% (foreign platforms)
Tax Rate 30%
Exchanges Yes Yes
Exchanges Yes Yes
Mining Yes Yes
Mining Yes Yes
Regulator Hi-Tech Park (HTP), National Bank of the Republic of Belarus
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
  • Decree No. 8 'On the Development of the Digital Economy' legalized crypto in 2017
  • Income from crypto via HTP residents and mining remains tax-exempt; 13% tax on foreign platform transactions since 2025
  • Crypto exchanges and businesses must operate through Hi-Tech Park residency
  • Mining is legal and considered a business activity
  • HTP preferential regime extended until 2049; crypto bank framework introduced in 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
OKX Banner