Roobet Banner
BTC $82,704.00 (+0.91%)
ETH $2,450.78 (+1.98%)
BNB $736.39 (+1.34%)
XRP $1.33 (+1.96%)
SOL $106.42 (+1.87%)
TRX $0.33 (+0.12%)
ZEC $1,211.13 (+6.25%)
HYPE $79.87 (+1.70%)
DOGE $0.08 (+2.13%)
XMR $621.86 (+3.94%)
LINK $12.27 (+2.27%)
ADA $0.22 (+2.31%)
LEO $9.03 (-0.09%)
NEAR $4.94 (-0.38%)
RAIN $0.01 (+0.13%)
XLM $0.18 (+2.22%)
BCH $278.55 (-0.06%)
LTC $60.03 (-0.24%)
UNI $7.37 (+0.55%)
AVAX $9.68 (+0.61%)

Estonia vs India

Crypto regulation comparison

← Back to map | Estonia | India
Estonia

Estonia

India

India

Legal
Legal

Estonia was an early mover in crypto regulation, offering licenses since 2017. However, a 2022 overhaul significantly tightened requirements, revoking hundreds of licenses and imposing stricter capital and compliance standards. Crypto gains are taxed at 20% (rising to 22% 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 20-22%
Tax Rate 30%
Exchanges Yes Yes
Exchanges Yes Yes
Mining Yes Yes
Mining Yes Yes
Regulator Finantsinspektsioon (EFSA), Rahapesu Andmebüroo (FIU)
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
  • Estonia issued crypto licenses since 2017 but drastically tightened rules in 2022
  • Hundreds of crypto licenses were revoked in 2020-2022 due to AML concerns
  • New requirements include higher share capital (€100,000-€250,000) and local management
  • Crypto gains taxed at 20% personal income tax (22% from 2025)
  • MiCA framework applicable from December 2024
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
Roobet Banner