BTC $64,862.00 (-3.97%)
ETH $1,866.41 (-4.56%)
XRP $1.36 (-2.41%)
BNB $598.23 (-2.71%)
SOL $78.78 (-5.42%)
TRX $0.28 (-3.33%)
DOGE $0.09 (-2.24%)
BCH $501.27 (-12.16%)
ADA $0.26 (-2.53%)
LEO $7.94 (-3.19%)
HYPE $26.58 (-8.11%)
CC $0.16 (+1.31%)
LINK $8.33 (-4.06%)
XMR $310.93 (-4.86%)
XLM $0.15 (-1.63%)
RAIN $0.01 (-2.09%)
HBAR $0.10 (-2.14%)
LTC $51.92 (-2.86%)
ZEC $239.73 (-2.61%)
AVAX $8.43 (-4.62%)

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