When you hear VASP license Georgia, a regulatory requirement for businesses handling cryptocurrency in Georgia. Also known as Virtual Asset Service Provider license, it's the legal gateway to operating a crypto exchange, wallet service, or mining operation legally in the country. Unlike places where crypto is banned or buried in red tape, Georgia made it simple: if you're a business, you need this license. If you're an individual miner? You pay zero taxes. That’s why hundreds of crypto firms moved to Tbilisi in the last two years.
The Tbilisi Free Zone, a special economic area with streamlined rules for tech and crypto businesses is where most licensed VASPs set up shop. It’s not just about low taxes—it’s about clarity. The government doesn’t guess at what’s legal. They published exact rules: what documents you need, how long approval takes, and what AML checks you must run. Compare that to places like the U.S. or EU, where regulations shift every quarter. In Georgia, if you follow the published checklist, you’re covered. And since the country runs on cheap, clean hydropower, mining operations here have some of the lowest electricity costs on Earth.
But here’s the catch: the license only applies to businesses. If you’re buying Bitcoin on your phone or mining with a single rig in your garage, you don’t need to apply for anything. The law targets exchanges, custodians, and firms that handle crypto as a service. That’s why you’ll see so many posts here about exchange licenses, compliance, and how companies structure their operations to stay inside the rules. You won’t find a single article here telling you how to avoid the license—because you don’t need to if you’re not running a business.
Georgia’s approach isn’t just smart—it’s working. While other countries chased crypto with bans and fines, Georgia welcomed it with open arms and clear paperwork. That’s why you’ll find posts about mining setups, exchange reviews, and even how Iranian traders use Georgia-based platforms to bypass sanctions. It’s all connected. The VASP license is the foundation. Everything else—mining, trading, token launches—builds on top of it.
Below, you’ll find real-world breakdowns of how companies actually get licensed, what the Tbilisi Free Zone requires, and why some crypto projects choose Georgia over Singapore or Malta. No fluff. No theory. Just what’s happening on the ground in 2025.
Crypto mining in Georgia is legal, tax-free for individuals, and business-friendly. Learn how to start mining in 2025 with VASP and Tbilisi Free Zone licenses, energy costs, compliance rules, and where to set up.