Crypto Regulations in Georgia 2025
Main Idea
Georgia is recognized as one of the top 10 bitcoin-friendly countries with favorable tax policies and regulations aimed at developing its crypto ecosystem.
Key Points
1. Georgia has implemented several crypto regulations, including AML/CFT rules, VASP registration, and licensing for crypto companies, overseen by the National Bank of Georgia (NBG).
2. The tax policy in Georgia is crypto-friendly, with 0% VAT on crypto exchanges, 0% income and capital tax for individuals, and 15% tax on company profits (only on distribution).
3. The Georgian government is focused on creating a crypto-friendly regulatory environment, aiming to establish Georgia as a crypto hub by 2025.
4. The National Bank of Georgia (NBG) is the primary regulatory body for crypto licensing, requiring companies to meet financial, legal, and compliance standards.
Description
The post Crypto Regulations in Georgia 2025 appeared first on Coinpedia Fintech News Georgia is one of the top 10 bitcoin-friendly countries with a favorable tax regime. It has the second-highest bitcoin mining hashrate, making it a leader in the global crypto sphere. With low-cost electricity, the country is attracting new crypto startups and investors for crypto-related activities. Cryptocurrency is not considered legal tender in Georgia; however, owning and trading crypto for exchange and inv...
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