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Georgia vs South Sudan

Crypto regulation comparison

Georgia

Georgia

South Sudan

South Sudan

Legal
No Regulation

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.

South Sudan has no specific cryptocurrency regulation. Political instability and very limited infrastructure make crypto regulation a non-priority.

Tax Type No tax
Tax Type None
Tax Rate 0% (individuals)
Tax Rate N/A
Exchanges Yes Yes
Exchanges Yes Yes
Mining Yes Yes
Mining Yes Yes
Regulator National Bank of Georgia (NBG)
Regulator Bank of South Sudan
Stablecoin Rules No specific stablecoin regulation
Stablecoin Rules No stablecoin regulation
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
  • No specific cryptocurrency legislation
  • Political instability limits regulatory development
  • Very limited internet and financial infrastructure
  • Minimal crypto adoption
  • No licensing framework for crypto services