BTC $66,728.00 (-1.48%)
ETH $1,965.60 (-1.54%)
XRP $1.42 (-4.20%)
BNB $608.61 (-1.33%)
SOL $81.58 (-4.11%)
TRX $0.28 (-0.72%)
DOGE $0.10 (-2.18%)
BCH $556.87 (-1.88%)
ADA $0.27 (-2.57%)
LEO $8.64 (-0.58%)
HYPE $28.67 (-2.36%)
LINK $8.68 (-1.85%)
CC $0.16 (-2.45%)
XMR $322.83 (-3.12%)
XLM $0.16 (-3.44%)
RAIN $0.01 (-1.48%)
ZEC $263.00 (-10.49%)
HBAR $0.10 (-2.54%)
LTC $53.51 (-1.17%)
AVAX $8.89 (-1.87%)

Georgia vs Puerto Rico

Crypto regulation comparison

Georgia

Georgia

Puerto Rico

Puerto Rico

Legal
No Data

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

-

Sources

-