BTC $66,807.00 (-0.69%)
ETH $1,968.37 (-0.81%)
XRP $1.43 (-2.97%)
BNB $605.87 (-1.66%)
SOL $81.83 (-3.46%)
TRX $0.28 (-0.58%)
DOGE $0.10 (-1.74%)
BCH $558.98 (-0.14%)
ADA $0.28 (-2.26%)
LEO $8.65 (-0.42%)
HYPE $28.57 (-1.81%)
CC $0.16 (-1.67%)
LINK $8.67 (-1.99%)
XMR $329.32 (-0.95%)
XLM $0.16 (-2.53%)
RAIN $0.01 (-1.94%)
ZEC $264.74 (-10.17%)
HBAR $0.10 (-2.27%)
LTC $53.59 (-1.08%)
AVAX $8.91 (-2.60%)

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