OKX Banner
BTC $64,822.00 (+0.02%)
ETH $1,879.19 (+0.95%)
BNB $571.10 (+0.04%)
XRP $1.10 (+0.43%)
SOL $76.52 (+1.40%)
TRX $0.33 (+0.29%)
HYPE $61.41 (+1.89%)
DOGE $0.07 (-0.01%)
RAIN $0.01 (-1.87%)
ZEC $548.49 (-1.59%)
LEO $9.79 (-0.22%)
XLM $0.19 (+0.56%)
XMR $336.08 (+0.08%)
LINK $8.40 (+0.75%)
ADA $0.17 (-0.16%)
CC $0.13 (+3.17%)
BCH $214.54 (-2.39%)
GRAM $1.45 (-0.85%)
LTC $47.09 (+0.40%)
USDG $1.00 (+0.05%)

India vs Poland

Crypto regulation comparison

← Back to map | India | Poland
India

India

Poland

Poland

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 and regulated in Poland. Crypto capital gains are taxed at a flat 19% rate. The KNF (Polish Financial Supervision Authority) oversees crypto-related financial services, and VASPs must register for AML compliance. Poland has a growing crypto community and several domestic exchanges. MiCA applies from December 2024.

Tax Type Capital gains
Tax Type Capital gains
Tax Rate 30%
Tax Rate 19%
Exchanges Yes Yes
Exchanges Yes Yes
Mining Yes Yes
Mining Yes Yes
Regulator CBDT, FIU-IND, SEBI, RBI
Regulator KNF (Komisja Nadzoru Finansowego)
Stablecoin Rules No specific stablecoin regulation; RBI exploring digital rupee CBDC
Stablecoin Rules Regulated under EU MiCA framework
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
  • Flat 19% tax on crypto capital gains (PIT-38 annual declaration)
  • Crypto-to-crypto transactions are not taxable events; only fiat conversions trigger tax
  • VASPs must register in the AML register maintained by the Tax Administration Chamber
  • KNF oversees market conduct and consumer protection for crypto services
  • MiCA framework applicable from December 2024
Sources
Sources
OKX Banner