OKX Banner
BTC $79,839.00 (+1.27%)
ETH $2,490.97 (-0.11%)
BNB $709.78 (+0.85%)
XRP $1.43 (+1.64%)
SOL $107.02 (+5.78%)
TRX $0.34 (+1.29%)
HYPE $83.76 (+3.41%)
DOGE $0.09 (+1.04%)
ZEC $791.91 (+1.21%)
RAIN $0.02 (-1.37%)
LINK $11.73 (+1.57%)
XMR $463.94 (+5.38%)
LEO $9.46 (+2.04%)
ADA $0.21 (+0.30%)
XLM $0.18 (+0.76%)
BCH $264.35 (-0.89%)
CC $0.11 (-3.63%)
GRAM $1.39 (-0.47%)
LTC $49.36 (-1.26%)
HBAR $0.08 (+0.32%)

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