OKX Banner
BTC $75,641.00 (-1.31%)
ETH $2,068.33 (-1.02%)
BNB $654.62 (-0.54%)
XRP $1.33 (-0.90%)
SOL $83.55 (-0.64%)
TRX $0.37 (+0.26%)
DOGE $0.10 (+0.46%)
HYPE $59.92 (+0.57%)
ZEC $563.89 (-10.33%)
LEO $10.05 (+0.65%)
ADA $0.24 (-0.46%)
RAIN $0.01 (+43.53%)
XMR $377.03 (-0.68%)
BCH $342.50 (-0.92%)
LINK $9.39 (-0.04%)
CC $0.16 (-4.90%)
TON $1.94 (+2.52%)
XLM $0.15 (-0.32%)
LTC $51.92 (-0.60%)
SUI $1.00 (-2.72%)

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