OKX Banner
BTC $73,568.00 (-1.61%)
ETH $2,020.95 (-1.36%)
BNB $640.91 (-1.45%)
XRP $1.33 (+0.80%)
SOL $82.56 (-0.85%)
TRX $0.35 (-4.38%)
DOGE $0.10 (-0.87%)
HYPE $59.73 (+0.67%)
LEO $10.06 (+0.33%)
ZEC $556.43 (+1.74%)
RAIN $0.01 (+10.80%)
ADA $0.24 (-0.72%)
XLM $0.21 (+33.70%)
XMR $358.26 (-8.58%)
LINK $9.04 (-2.11%)
BCH $304.45 (-10.60%)
CC $0.15 (-2.55%)
TON $1.78 (-5.28%)
LTC $51.99 (-0.08%)
HBAR $0.09 (+7.59%)

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