OKX Banner
BTC $74,206.00 (-2.17%)
ETH $2,018.23 (-2.65%)
BNB $647.19 (-1.42%)
XRP $1.30 (-1.88%)
SOL $82.16 (-1.70%)
TRX $0.37 (-2.02%)
DOGE $0.10 (-0.90%)
HYPE $57.60 (-3.58%)
LEO $10.05 (+0.59%)
RAIN $0.01 (+25.31%)
ZEC $540.44 (-5.56%)
ADA $0.24 (-1.51%)
XMR $391.94 (+3.01%)
BCH $333.55 (-2.90%)
LINK $9.11 (-2.77%)
CC $0.16 (-0.86%)
XLM $0.16 (+9.05%)
TON $1.83 (-5.80%)
LTC $51.76 (-0.32%)
M $3.00 (+1.40%)

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