Vavada Banner
BTC $71,505.00 (+4.24%)
ETH $2,243.60 (+6.61%)
XRP $1.37 (+4.42%)
BNB $614.76 (+2.69%)
SOL $84.83 (+6.36%)
TRX $0.32 (-0.09%)
DOGE $0.09 (+4.97%)
ADA $0.26 (+6.93%)
LEO $10.11 (-0.13%)
HYPE $38.37 (+5.35%)
BCH $443.92 (+2.60%)
LINK $9.22 (+4.97%)
XMR $339.13 (+4.22%)
CC $0.14 (-2.23%)
XLM $0.16 (+4.29%)
ZEC $317.80 (+24.73%)
M $2.74 (-2.42%)
LTC $55.10 (+3.12%)
AVAX $9.47 (+8.97%)
HBAR $0.09 (+7.41%)

India vs Nauru

Crypto regulation comparison

← Back to map | India | Nauru
India

India

Nauru

Nauru

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.

Nauru has no specific cryptocurrency regulation.

Tax Type Capital gains
Tax Type None
Tax Rate 30%
Tax Rate N/A
Exchanges Yes Yes
Exchanges Yes Yes
Mining Yes Yes
Mining Yes Yes
Regulator CBDT, FIU-IND, SEBI, RBI
Regulator Command Ridge Virtual Asset Authority (CRVAA)
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
  • No specific cryptocurrency legislation
  • Very limited financial infrastructure
  • Minimal crypto adoption
  • One of the world's smallest economies
  • No licensing framework for crypto services
Sources
Sources
OKX Banner