OKX Banner
BTC $76,580.00 (-1.12%)
ETH $2,093.18 (-1.13%)
BNB $655.81 (-0.80%)
XRP $1.34 (-1.38%)
SOL $84.40 (-1.74%)
TRX $0.37 (+1.97%)
DOGE $0.10 (-1.26%)
HYPE $59.60 (-6.40%)
ZEC $604.55 (-8.21%)
LEO $9.99 (-0.74%)
ADA $0.24 (-1.32%)
BCH $349.94 (-0.08%)
XMR $379.14 (-2.27%)
LINK $9.50 (-0.14%)
CC $0.16 (-2.11%)
TON $1.89 (+5.46%)
XLM $0.15 (-2.57%)
SUI $1.03 (-0.67%)
LTC $52.27 (-1.42%)
AVAX $9.27 (-0.69%)

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