OKX Banner
BTC $63,929.00 (+1.76%)
ETH $1,842.34 (+0.78%)
BNB $567.50 (+0.46%)
XRP $1.09 (+0.42%)
SOL $74.80 (+0.33%)
TRX $0.32 (-0.05%)
HYPE $59.25 (+0.25%)
DOGE $0.07 (+0.81%)
RAIN $0.01 (-1.69%)
ZEC $538.84 (+1.30%)
LEO $9.77 (-0.35%)
XLM $0.18 (+1.02%)
ADA $0.17 (+4.56%)
LINK $8.24 (+0.83%)
XMR $327.77 (-0.44%)
CC $0.13 (-2.78%)
BCH $218.50 (-1.60%)
GRAM $1.48 (+0.66%)
LTC $45.42 (+1.92%)
USDG $1.00 (-0.11%)

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