BTC $67,549.00 (-1.02%)
ETH $1,948.05 (-1.75%)
XRP $1.39 (-3.58%)
BNB $612.94 (-1.86%)
SOL $83.28 (-3.19%)
TRX $0.29 (+0.72%)
DOGE $0.10 (-4.22%)
BCH $572.71 (+1.15%)
ADA $0.27 (-3.57%)
LEO $8.16 (-3.71%)
HYPE $29.09 (-2.18%)
LINK $8.69 (-2.07%)
CC $0.16 (-1.63%)
XMR $321.94 (-1.34%)
XLM $0.15 (-4.71%)
RAIN $0.01 (+2.32%)
HBAR $0.10 (-2.57%)
LTC $53.28 (-4.10%)
ZEC $245.79 (-5.03%)
AVAX $8.86 (-3.88%)

Ivory Coast vs India

Crypto regulation comparison

← Back to map | Ivory Coast | India
Ivory Coast

Ivory Coast

India

India

No Regulation
Legal

Ivory Coast has no specific cryptocurrency legislation. As a WAEMU member under BCEAO oversight, it follows regional monetary policy. Growing fintech interest is driving discussions around crypto regulation.

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 None
Tax Type Capital gains
Tax Rate N/A
Tax Rate 30%
Exchanges Yes Yes
Exchanges Yes Yes
Mining Yes Yes
Mining Yes Yes
Regulator BCEAO (Central Bank of West African States)
Regulator CBDT, FIU-IND, SEBI, RBI
Stablecoin Rules No stablecoin regulation
Stablecoin Rules No specific stablecoin regulation; RBI exploring digital rupee CBDC
Key Points
  • No specific national cryptocurrency legislation
  • BCEAO provides regional monetary and regulatory oversight
  • Part of the WAEMU monetary zone using the CFA franc
  • Growing fintech sector driving interest in crypto
  • No formal licensing framework for crypto businesses
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