OKX Banner
BTC $64,372.00 (-0.17%)
ETH $1,857.83 (+0.07%)
BNB $567.33 (-0.50%)
XRP $1.09 (+0.06%)
SOL $75.77 (+0.67%)
TRX $0.33 (+0.42%)
HYPE $60.95 (+1.85%)
DOGE $0.07 (-0.20%)
RAIN $0.01 (+0.48%)
ZEC $549.21 (-1.21%)
LEO $9.80 (+0.09%)
XLM $0.19 (+1.44%)
XMR $332.74 (-0.66%)
LINK $8.31 (-0.11%)
ADA $0.17 (-0.10%)
CC $0.13 (+1.83%)
BCH $217.41 (-1.26%)
GRAM $1.44 (-2.45%)
LTC $47.51 (+1.27%)
USDG $1.00 (-0.15%)

Czech Republic vs India

Crypto regulation comparison

← Back to map | Czech Republic | India
Czech Republic

Czech Republic

India

India

Legal
Legal

Cryptocurrency is legal in the Czech Republic with a growing regulatory framework aligned with EU standards. Crypto gains are subject to personal income tax at 15% (or 23% for high earners). A 2024 amendment introduced a tax exemption for crypto held over 3 years, effective from 2025.

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 Capital gains
Tax Type Capital gains
Tax Rate 15-23%
Tax Rate 30%
Exchanges Yes Yes
Exchanges Yes Yes
Mining Yes Yes
Mining Yes Yes
Regulator CNB (Czech National Bank), FAU (Financial Analytical Office)
Regulator CBDT, FIU-IND, SEBI, RBI
Stablecoin Rules Regulated under EU MiCA framework
Stablecoin Rules No specific stablecoin regulation; RBI exploring digital rupee CBDC
Key Points
  • Crypto gains taxed at 15% income tax (23% for income above CZK 1,935,552)
  • New exemption from 2025: crypto held over 3 years or gains under CZK 100,000 per year exempt
  • VASPs must register with the FAU (trade licensing office) and comply with AML law
  • MiCA framework applicable from December 2024
  • Prague is a notable European hub for crypto businesses and blockchain development
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