---
type: country
domain: web3-compliance
status: compiled
tags: [Legal, Crypto Tax, Crypto Regulation, Country]
aliases: [Gift City Ifsc International Financial Services Centre]
created: 2026-04-23
compile_into: ""
slug: free-zone--gift-city-ifsc-international-financial-services-centre
sources: "[./crypto-map/data.json#/GIFT, \"https://soken.io/crypto-map/countries/gift-city-ifsc-international-financial-services-centre.html\"]"
source_url: "https://soken.io/crypto-map/countries/gift-city-ifsc-international-financial-services-centre.html"
title: "GIFT City IFSC (International Financial Services Centre) — Crypto Regulation 2026 | Soken"
description: GIFT City IFSC operates under the unified regulatory framework of the International Financial Services Centres Authority (IFSCA)…
scraped_at: "2026-04-23T20:04:58.579590+00:00"
entry_type_raw: free_zone
parent_country: IN
region: south_asia
---

# GIFT City IFSC (International Financial Services Centre) — Crypto Regulation 2026 | Soken

# GIFT City IFSC (International Financial Services Centre)

GIFT City IFSC operates under the unified regulatory framework of the International Financial Services Centres Authority (IFSCA), which provides a clear and comprehensive regulatory environment for financial services including crypto assets. The IFSCA Virtual Digital Asset Sandbox facilitates innovation in digital assets within a regulated framework.

## Overview

|     |     |
| --- | --- |
| Status | **Legal** |
| Risk Score | 30/100 (Moderate Risk) |
| Region | south asia |
| Currency | INR |

## Tax

|     |     |
| --- | --- |
| VAT on Crypto | No |

The regulator page does not specify detailed crypto tax rates or rules, but indicates no VAT on crypto transactions within the IFSC.

## Licensing

|     |     |
| --- | --- |
| Required | Yes |
| Regulator | IFSCA |
| Framework | IFSCA (Finance Company) Regulations 2021; IFSCA Virtual Digital Asset Sandbox |
| Ease | medium |
| Cost | $10,000 - $75,000 |

Licensing is governed by IFSCA regulations with a sandbox framework for virtual digital assets to encourage innovation while ensuring compliance.

## DeFi

**Status:** regulated

DeFi activities are regulated under the IFSCA framework, with sandbox provisions allowing controlled experimentation and compliance.

## Stablecoins

**Status:** regulated

Stablecoins are regulated under the IFSCA framework, ensuring compliance with financial regulations applicable to digital assets.

## NFTs

**Status:** no\_rules

No specific NFT regulation

## Mining

|     |     |
| --- | --- |
| Legal | Yes |
| Electricity | $0.08/kWh |
| Renewable | 20% |
| Infrastructure | good |

Mining is legal within GIFT City IFSC with competitive electricity costs and a moderate renewable energy mix. Infrastructure supports financial and tech services well.

## Geopolitics

|     |     |
| --- | --- |
| Stability | stable |
| Sanctions | No |
| Corruption Index | 40/100 |
| Banking Access | moderate |

Last reviewed: 2026-04-13 ·
Data source: [Soken Crypto Legal Map](https://soken.io/crypto-map/)

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