Wondering if Binance is legal in Georgia? This guide gives you clear, beginner-friendly answers. You will learn about Binance’s legal status, crypto regulations, taxes, and why the platform is so popular in Georgia.

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Yes — Binance is legal in Georgia. The platform operates under the country’s crypto regulations and is fully accessible.

It is registered as a Virtual Asset Service Provider (VASP) with the National Bank of Georgia (NBG), which ensures it meets all compliance requirements. This means you can safely open an account, deposit funds, and trade on Binance without legal concerns.

Does Binance Work in Georgia?

Yes, Binance works in Georgia without restrictions.

Users can buy, sell, and trade cryptocurrencies directly through the platform. Binance also supports the Georgian Lari (GEL) for deposits and withdrawals. Additionally, some services like Binance Pay work with local partners, allowing easy payments in crypto.

Georgia is known for its crypto-friendly environment.

In 2023, the National Bank of Georgia introduced a legal framework for crypto exchanges. Binance registered as a VASP, ensuring full compliance with Anti-Money Laundering (AML) and Counter-Terrorism Financing (CFT) regulations.

Binance has also established a regional hub in Georgia, supporting Web3 education, blockchain projects, and community events.

While cryptocurrency is not legal tender in Georgia, trading and owning digital assets is completely legal. The clear legal structure allows Binance to operate transparently and securely for Georgian users.

How Crypto Is Regulated in Georgia

Crypto in Georgia is regulated under NBG Order No. 94/04 and the VASP registration law introduced in July 2023.

Key points of the regulation include:

  • Mandatory Know Your Customer (KYC) checks for all users.

  • Reporting of suspicious transactions to authorities.

  • Full compliance with AML/CFT standards.

Although crypto is not recognized as official currency, it is legal for investment and trading purposes. This makes Georgia one of the most attractive countries for crypto users in the region.

Tax Regulations in Georgia

Georgia offers very favorable tax rules for cryptocurrency users.

  • No income tax on crypto trading profits for individuals.

  • No VAT on exchanging crypto to fiat (including GEL).

  • Crypto trading profits are treated as foreign-sourced income, which means 0 % capital gains tax for individuals.

The only exception is domestic crypto mining services, which may be subject to VAT depending on the transaction.

This tax-friendly approach attracts both local and foreign crypto investors

Binance is the largest cryptocurrency exchange in the world, offering:

  • High liquidity for fast trades.

  • Low transaction fees.

  • Wide selection of cryptocurrencies.

  • Advanced trading tools for beginners and pros.

In Georgia, Binance’s local presence and regulatory compliance make it a trusted choice for traders looking for security and convenience.