Roobet Banner
BTC $81,539.00 (-0.20%)
ETH $2,418.81 (+0.05%)
BNB $719.52 (-0.41%)
XRP $1.30 (-0.55%)
SOL $103.81 (-0.56%)
TRX $0.33 (-0.19%)
ZEC $1,149.78 (+0.63%)
HYPE $78.98 (-1.68%)
DOGE $0.08 (-0.70%)
XMR $565.46 (+0.68%)
LINK $12.06 (-2.20%)
ADA $0.22 (-1.59%)
LEO $9.04 (+0.10%)
NEAR $4.95 (-1.14%)
XLM $0.18 (-1.49%)
RAIN $0.01 (-2.18%)
BCH $277.68 (+0.76%)
LTC $59.19 (-0.58%)
UNI $7.16 (-1.34%)
AVAX $9.84 (-1.65%)

India vs Poland

Crypto regulation comparison

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