Roobet Banner
BTC $79,971.00 (-1.17%)
ETH $2,316.14 (-1.66%)
BNB $751.80 (+0.76%)
XRP $1.29 (-2.77%)
SOL $99.94 (-2.10%)
TRX $0.33 (+0.08%)
ZEC $1,243.53 (-5.77%)
HYPE $78.86 (-3.21%)
DOGE $0.08 (-2.03%)
XMR $587.06 (-2.30%)
LINK $11.44 (-2.69%)
LEO $9.46 (+2.10%)
ADA $0.20 (-4.06%)
XLM $0.17 (-2.03%)
NEAR $4.44 (-5.18%)
BCH $279.06 (-6.26%)
RAIN $0.01 (-6.51%)
LTC $57.28 (-0.43%)
UNI $7.01 (-2.74%)
CC $0.10 (-3.42%)

India vs Peru

Crypto regulation comparison

← Back to map | India | Peru
India

India

Peru

Peru

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.

Cryptocurrency is legal in Peru but lacks comprehensive regulation. The SBS (Superintendencia de Banca, Seguros y AFP) oversees AML requirements. Peru has growing crypto adoption, particularly for remittances. Crypto gains are subject to capital gains tax at 5% for the first 5 UIT and at higher rates for larger amounts.

Tax Type Capital gains
Tax Type Capital gains
Tax Rate 30%
Tax Rate 5-30%
Exchanges Yes Yes
Exchanges Yes Yes
Mining Yes Yes
Mining Yes Yes
Regulator CBDT, FIU-IND, SEBI, RBI
Regulator SBS, SMV, BCRP (Central Reserve Bank of Peru)
Stablecoin Rules No specific stablecoin regulation; RBI exploring digital rupee CBDC
Stablecoin Rules No specific 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 crypto legislation; general financial laws apply
  • Capital gains tax applies to crypto profits (5% for securities, up to 30% for other income)
  • SBS requires AML/KYC compliance for entities dealing in crypto
  • Growing crypto adoption for remittances and as a store of value
  • BCRP has warned about crypto risks but not imposed a ban
Sources
Sources
Roobet Banner