OKX Banner
BTC $73,262.00 (-3.23%)
ETH $1,987.30 (-4.48%)
BNB $632.18 (-3.16%)
XRP $1.29 (-3.35%)
SOL $80.95 (-3.22%)
TRX $0.36 (-4.44%)
DOGE $0.10 (-3.33%)
HYPE $56.79 (-9.24%)
LEO $10.07 (+0.08%)
RAIN $0.01 (+22.99%)
ZEC $523.92 (-7.40%)
ADA $0.23 (-3.49%)
XMR $377.94 (-4.21%)
BCH $324.95 (-5.25%)
LINK $8.87 (-5.10%)
CC $0.15 (-2.79%)
XLM $0.17 (+15.91%)
TON $1.82 (-4.41%)
LTC $50.71 (-2.78%)
M $2.96 (-1.67%)

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