OKX Banner
BTC $76,284.00 (+1.13%)
ETH $2,092.99 (+1.71%)
BNB $654.87 (+1.35%)
XRP $1.35 (+0.90%)
SOL $85.21 (+1.40%)
TRX $0.37 (+1.48%)
DOGE $0.10 (+0.92%)
HYPE $63.57 (+11.16%)
ZEC $660.43 (+8.75%)
LEO $10.04 (+1.05%)
ADA $0.24 (+0.27%)
XMR $390.23 (+3.20%)
BCH $348.94 (+0.26%)
LINK $9.42 (+1.26%)
CC $0.17 (+4.57%)
XLM $0.15 (+1.08%)
TON $1.74 (-1.48%)
SUI $1.04 (+0.42%)
LTC $52.74 (-0.01%)
AVAX $9.23 (+1.20%)

India vs Netherlands

Crypto regulation comparison

← Back to map | India | Netherlands
India

India

Netherlands

Netherlands

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.

The Netherlands has one of Europe's strictest crypto regulatory regimes. DNB has overseen VASP registration since 2020 under the Dutch AML/CFT Act (Wwft), and many applications have been rejected. The Netherlands does not tax realized capital gains directly; instead, crypto holdings are taxed under the Box 3 wealth tax based on a deemed return on net assets. The AFM oversees market conduct. MiCA is now the governing framework.

Tax Type Capital gains
Tax Type Wealth
Tax Rate 30%
Tax Rate ~1.2-1.6% (deemed return)
Exchanges Yes Yes
Exchanges Yes Yes
Mining Yes Yes
Mining Yes Yes
Regulator CBDT, FIU-IND, SEBI, RBI
Regulator DNB (De Nederlandsche Bank), AFM (Autoriteit Financiële Markten)
Stablecoin Rules No specific stablecoin regulation; RBI exploring digital rupee CBDC
Stablecoin Rules Regulated under EU MiCA framework; DNB oversight
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
  • DNB requires VASP registration under the Wwft (AML Act); rigorous approval process
  • Only a limited number of VASPs have obtained DNB registration (many rejected or withdrawn)
  • Crypto taxed under Box 3 wealth tax: deemed return on net assets taxed at ~31-36% (effective ~1.2-1.6%)
  • AFM regulates crypto advertising and market conduct; banned crypto ads targeting retail in 2022
  • MiCA framework applicable from December 2024, transitioning from national DNB regime
Sources
Sources
OKX Banner