Vavada Banner
BTC $68,541.00 (+1.37%)
ETH $2,126.80 (+3.06%)
BNB $616.75 (+0.68%)
XRP $1.34 (+1.72%)
SOL $83.94 (+0.85%)
TRX $0.32 (-1.52%)
DOGE $0.09 (+1.80%)
BCH $462.80 (-0.62%)
LEO $10.03 (+2.96%)
ADA $0.25 (+1.05%)
HYPE $36.82 (-0.66%)
LINK $8.90 (+1.99%)
XMR $332.19 (+0.62%)
XLM $0.17 (+1.33%)
CC $0.15 (-0.96%)
LTC $54.19 (+0.89%)
ZEC $245.06 (+6.62%)
M $2.31 (-0.12%)
RAIN $0.01 (+10.93%)
AVAX $9.07 (+1.61%)

Greece vs India

Crypto regulation comparison

Greece

Greece

India

India

Legal
Legal

Cryptocurrency is legal in Greece and regulated under the EU framework. A 2024 tax reform established a 15% tax on crypto capital gains, replacing the prior uncertain treatment. The Hellenic Capital Market Commission oversees crypto service provider registration.

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%
Tax Rate 30%
Exchanges Yes Yes
Exchanges Yes Yes
Mining Yes Yes
Mining Yes Yes
Regulator HCMC (Hellenic Capital Market Commission), Bank of Greece
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
  • 15% capital gains tax on crypto established under recent tax reforms
  • HCMC registers and supervises crypto service providers
  • Greece adopted EU AML directives for crypto businesses
  • MiCA framework applicable from December 2024
  • Crypto adoption grew during the 2015 financial crisis and capital controls
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