Djibouti vs Georgia
Crypto regulation comparison
Djibouti
Georgia
No Regulation
Legal
Djibouti has no specific cryptocurrency regulation. The central bank has not issued formal guidance on crypto.
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
None
Tax Type
No tax
Tax Rate
N/A
Tax Rate
0% (individuals)
Exchanges
Yes
Exchanges
Yes
Mining
Yes
Mining
Yes
Regulator
Banque Centrale de Djibouti
Regulator
National Bank of Georgia (NBG)
Stablecoin Rules
No stablecoin regulation
Stablecoin Rules
No specific stablecoin regulation
Key Points
- No specific cryptocurrency legislation
- Central bank has not issued formal crypto guidance
- Crypto not recognized as legal tender
- Limited crypto adoption and infrastructure
- No licensing framework for crypto services
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