Vavada Banner
BTC $71,984.00 (+1.10%)
ETH $2,212.86 (+0.44%)
XRP $1.36 (+0.69%)
BNB $608.34 (+0.72%)
SOL $83.91 (+1.11%)
TRX $0.32 (+0.56%)
DOGE $0.09 (+0.42%)
HYPE $40.11 (+5.86%)
ADA $0.26 (+0.89%)
LEO $10.10 (-0.27%)
BCH $445.75 (+0.55%)
LINK $8.99 (+0.35%)
XMR $343.14 (+4.96%)
ZEC $362.19 (+11.11%)
CC $0.15 (+3.85%)
XLM $0.16 (-1.77%)
M $2.63 (-1.89%)
LTC $54.76 (+1.29%)
AVAX $9.30 (+1.65%)
HBAR $0.09 (+0.71%)

India vs Nicaragua

Crypto regulation comparison

← Back to map | India | Nicaragua
India

India

Nicaragua

Nicaragua

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.

Nicaragua regulates virtual assets under Law 1072 (2021) and BCN resolution CD-BCN-XXV-1-22 (2022). VASPs must be licensed by BCN. Crypto gains taxed at 15% capital gains rate.

Tax Type Capital gains
Tax Type Capital gains
Tax Rate 30%
Tax Rate 15%
Exchanges Yes Yes
Exchanges Yes Yes
Mining Yes Yes
Mining Yes Yes
Regulator CBDT, FIU-IND, SEBI, RBI
Regulator Banco Central de Nicaragua (BCN)
Stablecoin Rules No specific stablecoin regulation; RBI exploring digital rupee CBDC
Stablecoin Rules No 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
  • Law 1072 (2021) defines virtual assets and regulates VASPs
  • BCN is designated as the licensing and supervisory authority
  • Banks are legally permitted to offer virtual asset services
  • Capital gains taxed at 15% on crypto profits
  • Government monitors virtual transactions exceeding ,000 since 2025
Sources
Sources
OKX Banner