🇬🇪 Georgia

Georgia maintains a crypto-friendly regulatory environment with positive monetary policy assessments and accelerated capital market development. There is no explicit mention of restrictive crypto regulations or bans.

Overview

Statuscrypto_friendly
Risk Score35/100 (Moderate Risk)
Regioneurope
CurrencyGEL
Adoption Rank#28

Tax

Capital Gains (Personal)0% on individual crypto gains (crypto classified as non-taxable virtual property for individuals)
Capital Gains (Corporate)15% corporate tax on distributed profits; 0% on retained
VAT on CryptoNo
Staking TaxTax-exempt for individuals
Airdrop TaxTax-exempt for individuals

Georgia exempts individual crypto gains from income tax, making it attractive for personal crypto investment. The corporate tax system (Estonian model) taxes only distributed profits at 15%. Mining operations benefit from low electricity costs and individual tax exemption.

Licensing

RequiredNo
RegulatorNBG
Easeeasy
Cost$5,000 - $30,000

No specific licensing framework for crypto is currently established; regulatory framework under development by National Bank of Georgia.

DeFi

Status: Legal

No DeFi-specific regulation. Georgia's unregulated environment permits DeFi activities without licensing requirements.

Stablecoins

Status: no_rules

No stablecoin-specific regulation. Falls under the unregulated crypto environment.

NFTs

Status: no_rules

No NFT-specific regulation.

Mining

LegalYes
Electricity$0.058/kWh
Renewable80%
Infrastructuregood

Mining is legal with favorable electricity costs and high renewable energy usage, supporting sustainable mining operations.

Geopolitics

Stabilitystable
SanctionsNo
Corruption Index56/100
Banking Accessmoderate

Last reviewed: 2026-04-13 · Data source: Soken Crypto Legal Map

← Back to Crypto Map