Roobet Banner
BTC $82,727.00 (+1.28%)
ETH $2,431.19 (+0.85%)
BNB $726.90 (+1.03%)
XRP $1.31 (+1.38%)
SOL $105.72 (+2.04%)
TRX $0.33 (-0.57%)
ZEC $1,161.88 (+2.76%)
HYPE $79.94 (+1.88%)
DOGE $0.08 (+0.81%)
XMR $593.02 (+1.34%)
LINK $12.15 (+1.50%)
LEO $9.03 (-0.11%)
ADA $0.22 (+0.56%)
RAIN $0.01 (+1.12%)
NEAR $5.06 (+2.35%)
XLM $0.18 (+0.98%)
BCH $279.01 (+1.17%)
LTC $59.83 (+1.80%)
UNI $7.38 (+2.38%)
AVAX $9.76 (+0.19%)

India vs Thailand

Crypto regulation comparison

← Back to map | India | Thailand
India

India

Thailand

Thailand

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.

Thailand has a comprehensive crypto regulatory framework under the Digital Asset Business Emergency Decree (2018). The SEC Thailand licenses digital asset exchanges, brokers, and dealers. Crypto gains are taxed at 15% withholding tax, though the government exempted VAT on crypto trading on authorized exchanges from 2022. Thailand has a well-developed exchange ecosystem with Bitkub as the dominant platform.

Tax Type Capital gains
Tax Type Capital gains
Tax Rate 30%
Tax Rate 15%
Exchanges Yes Yes
Exchanges Yes Yes
Mining Yes Yes
Mining Yes Yes
Regulator CBDT, FIU-IND, SEBI, RBI
Regulator SEC Thailand, BOT (Bank of Thailand)
Stablecoin Rules No specific stablecoin regulation; RBI exploring digital rupee CBDC
Stablecoin Rules SEC Thailand regulates digital tokens including stablecoins
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
  • Digital Asset Business Emergency Decree B.E. 2561 (2018) provides comprehensive regulation
  • SEC Thailand licenses exchanges, brokers, dealers, and fund managers for digital assets
  • 15% withholding tax on crypto gains; VAT exempted on authorized exchange trades since 2022
  • BOT restricts crypto for payments but allows it as an investment asset
  • Bitkub is the dominant exchange (~90% market share domestically)
Sources
Sources
Roobet Banner