Roobet Banner
BTC $80,906.00 (+0.38%)
ETH $2,345.64 (+0.18%)
BNB $754.51 (+1.63%)
XRP $1.32 (-0.61%)
SOL $101.58 (+0.49%)
TRX $0.33 (-0.53%)
ZEC $1,299.03 (-0.22%)
HYPE $80.21 (-1.74%)
DOGE $0.08 (+0.82%)
XMR $596.20 (-0.83%)
LINK $11.74 (+1.41%)
LEO $9.46 (+4.60%)
ADA $0.20 (-0.53%)
NEAR $4.66 (+0.44%)
XLM $0.17 (+0.52%)
BCH $287.08 (-2.35%)
RAIN $0.01 (-4.73%)
LTC $59.35 (+3.97%)
UNI $7.24 (+2.60%)
CC $0.10 (+0.52%)

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