---
type: country
domain: crypto-regulation
status: stable
tags: ["crypto-regulation", "europe", "moneyval", "crypto_friendly"]
aliases: ["GE", "GEO", "საქართველო"]
created: 2026-04-13
updated: 2025-12-01
compile_into: ["[[country--georgia]]"]
sources:
  - name: "National Bank of Georgia"
    url: "https://nbg.gov.ge"
    type: "official"
---

# 🇬🇪 [[country--georgia|Georgia]] (GE) — Crypto Regulation

> 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

| Field | Value |
|-------|-------|
| Status | crypto_friendly |
| Risk Score | 35/100 (Moderate Risk) |
| Enforcement Level | Low |
| Region | [[domain--europe|europe]] |
| Currency | [[entity--gel|GEL]] |
| Adoption Rank | #28 |

## Tax

| Type | Rate |
|------|------|
| 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 Crypto | No |
| Mining Tax | Tax-exempt for individuals; corporate mining income taxed on distribution at 15% |
| Staking Tax | Tax-exempt for individuals |
| Airdrop Tax | Tax-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

| Field | Value |
|-------|-------|
| Required | No |
| Regulator | [[entity--nbg|NBG]] |
| Ease | easy |
| Cost | $5,000 - $30,000 |
| Timeline | 1-3 months |

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

## AML / KYC

| Field | Value |
|-------|-------|
| KYC Required | Yes |
| Travel Rule | No |
| FATF Member | No |
| FATF Status | compliant |

## 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

| Field | Value |
|-------|-------|
| Legal | Yes |
| Electricity Cost | $0.058/kWh |
| Renewable Energy | 80% |
| Climate | temperate |
| Infrastructure | good |

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

## Geopolitics

| Field | Value |
|-------|-------|
| Stability | stable |
| Sanctions | No |
| Corruption Index | 56/100 |
| Ease of Business | moderate |
| Internet Freedom | free |
| Banking Access | moderate |

## Enforcement

Minimal crypto-specific enforcement. NBG has issued warnings about crypto risks but has not taken formal enforcement actions.

## CBDC Status: exploring

---

*Data source: [Soken Crypto Legal Map](https://soken.dev/crypto-map/). Last reviewed: 2026-04-13.*

**Sources:**
- [National Bank of Georgia](https://nbg.gov.ge)