BTC $68,075.00 (+0.20%)
ETH $1,975.58 (+0.53%)
XRP $1.43 (+0.50%)
BNB $626.01 (+0.17%)
SOL $85.31 (+1.02%)
TRX $0.29 (+1.26%)
DOGE $0.10 (-1.28%)
BCH $565.06 (+0.52%)
ADA $0.28 (-1.47%)
LEO $8.35 (-3.96%)
HYPE $29.73 (-1.59%)
LINK $8.89 (-0.45%)
CC $0.16 (+0.73%)
XMR $326.48 (-1.61%)
XLM $0.16 (-0.65%)
RAIN $0.01 (-1.37%)
ZEC $260.24 (+0.54%)
HBAR $0.10 (-0.18%)
LTC $54.98 (-0.34%)
AVAX $9.12 (-0.25%)

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