OKX Banner
BTC $73,386.00 (-3.03%)
ETH $1,988.27 (-4.35%)
BNB $631.53 (-3.60%)
XRP $1.29 (-3.10%)
SOL $81.04 (-3.58%)
TRX $0.35 (-6.54%)
DOGE $0.10 (-4.09%)
HYPE $57.31 (-7.53%)
LEO $10.03 (-0.01%)
RAIN $0.01 (+8.67%)
ZEC $529.91 (-7.89%)
ADA $0.23 (-3.86%)
XMR $367.89 (-7.33%)
LINK $8.86 (-5.87%)
XLM $0.19 (+24.94%)
BCH $300.90 (-12.45%)
CC $0.16 (-1.05%)
TON $1.77 (-6.41%)
LTC $50.79 (-3.00%)
M $2.93 (-5.70%)

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