BTC $68,212.00 (+0.81%)
ETH $1,973.43 (+0.11%)
XRP $1.44 (+1.36%)
BNB $625.06 (-0.60%)
SOL $85.54 (+1.14%)
TRX $0.29 (+1.23%)
DOGE $0.10 (-1.70%)
BCH $563.86 (+0.55%)
ADA $0.28 (-1.56%)
LEO $8.33 (-4.22%)
HYPE $29.70 (-1.48%)
LINK $8.88 (-0.12%)
XMR $327.63 (-0.85%)
CC $0.16 (-3.67%)
XLM $0.16 (+0.16%)
RAIN $0.01 (-1.63%)
ZEC $259.23 (+0.20%)
HBAR $0.10 (+0.00%)
LTC $55.15 (0.00%)
AVAX $9.17 (+0.49%)

India vs Romania

Crypto regulation comparison

India

India

Romania

Romania

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 in Romania. Crypto gains are taxed at 10% as 'income from other sources' under the fiscal code. VASPs must register with the relevant authorities for AML compliance. Romania has a growing crypto community and is transitioning to the EU MiCA framework.

Tax Type Capital gains
Tax Type Capital gains
Tax Rate 30%
Tax Rate 10%
Exchanges Yes Yes
Exchanges Yes Yes
Mining Yes Yes
Mining Yes Yes
Regulator CBDT, FIU-IND, SEBI, RBI
Regulator ASF (Autoritatea de Supraveghere Financiară), BNR (National Bank of Romania)
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
  • Crypto gains taxed at 10% as 'income from other sources' under Article 114 Fiscal Code
  • Annual gains up to RON 600 (~EUR 120) exempt from tax per Article 116 Fiscal Code
  • VASPs must register for AML/CFT compliance
  • ASF oversees financial market conduct; BNR handles monetary policy
  • MiCA framework applicable from December 2024