Roobet Banner
BTC $80,419.00 (+0.18%)
ETH $2,342.95 (+0.81%)
BNB $748.90 (+0.65%)
XRP $1.32 (+1.67%)
SOL $100.64 (-0.63%)
TRX $0.33 (-0.64%)
ZEC $1,289.79 (+3.86%)
HYPE $80.87 (+1.52%)
DOGE $0.08 (+0.70%)
XMR $599.18 (+0.98%)
LINK $11.45 (-0.26%)
LEO $9.03 (+0.49%)
ADA $0.20 (-0.89%)
NEAR $4.60 (+2.05%)
XLM $0.17 (+0.16%)
BCH $290.77 (+3.63%)
RAIN $0.01 (-9.84%)
UNI $7.09 (-0.07%)
LTC $56.58 (-0.32%)
CC $0.10 (-0.75%)

India vs North Macedonia

Crypto regulation comparison

← Back to map | India | North Macedonia
India

India

North Macedonia

North Macedonia

Legal
Legal

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.

North Macedonia has no dedicated cryptocurrency legislation. Crypto is not prohibited and operates in a regulatory gray area. The general flat 10% income tax rate may apply to crypto profits. The government is working toward EU MiCA alignment and plans to license crypto exchanges by 2025-2026.

Tax Type Capital gains
Tax Type Income
Tax Rate 30%
Tax Rate 10%
Exchanges Yes Yes
Exchanges Yes Yes
Mining Yes Yes
Mining Yes Yes
Regulator CBDT, FIU-IND, SEBI, RBI
Regulator National Bank of the Republic of North Macedonia
Stablecoin Rules No specific stablecoin regulation; RBI exploring digital rupee CBDC
Stablecoin Rules No specific stablecoin regulation
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
Key Points
  • No dedicated cryptocurrency legislation
  • Central bank has acknowledged crypto without banning it
  • General flat 10% personal income tax rate may apply to crypto profits
  • Government working toward licensing crypto exchanges by 2025-2026
  • Working toward EU candidacy and alignment with MiCA regulation
Sources
Sources
Roobet Banner