OKX Banner
BTC $77,918.00 (-0.31%)
ETH $2,427.46 (-1.25%)
BNB $686.07 (-0.86%)
XRP $1.36 (-2.11%)
SOL $102.10 (-2.96%)
TRX $0.34 (-1.35%)
HYPE $80.18 (-3.53%)
ZEC $835.73 (-0.17%)
DOGE $0.08 (-3.20%)
RAIN $0.02 (-5.25%)
XMR $489.57 (+3.59%)
LEO $9.63 (-0.73%)
LINK $11.19 (-1.89%)
ADA $0.19 (-3.32%)
XLM $0.18 (-2.24%)
BCH $244.48 (-0.81%)
CC $0.12 (-2.09%)
LTC $48.34 (-0.94%)
GRAM $1.34 (-0.79%)
USDG $1.00 (-0.02%)

Burundi vs Georgia

Crypto regulation comparison

← Back to map | Burundi | Georgia
Burundi

Burundi

Georgia

Georgia

No Data
Legal

-

Georgia is one of the most crypto-friendly countries globally. There is no capital gains tax for individuals on cryptocurrency, and the country has a significant crypto mining industry due to low electricity costs. The National Bank has taken a cautious but permissive approach, issuing guidance rather than strict regulation.

Tax Type Unclear
Tax Type No tax
Tax Rate N/A
Tax Rate 0% (individuals)
Exchanges No No
Exchanges Yes Yes
Mining No No
Mining Yes Yes
Regulator -
Regulator National Bank of Georgia (NBG)
Stablecoin Rules -
Stablecoin Rules No specific stablecoin regulation
Key Points

-

Key Points
  • No capital gains tax on crypto for individuals
  • Businesses dealing in crypto are taxed under standard corporate tax rules (15% CIT)
  • Georgia is a major crypto mining hub due to cheap hydroelectric power
  • NBG does not recognize crypto as legal tender but has not prohibited it
  • The Free Industrial Zone offers additional tax advantages for crypto businesses
Sources

-

Sources
OKX Banner