According to the World Bank report, in Georgia, about 5% of citizens are in one way or another connected to the currency, or spend in the life of the crypto currency community.
The report "Crypto and currency: 2018 economic reports in Europe and Central Asia (ECA)" states that Georgia is one of the largest companies in the production of crypto currency. Obviously, we are Talking about Bitfury, which has data centers in Georgia and works with countries in the process of detachment.
Georgia Forbes Division explained that according to this report, about 5% of households in Georgia produce or invest in crypto currency.
According to World Bank chief economist Hans Timmer, in Georgia, the crypto currency movement is growing widely. This is different from tax incentives and low electricity prices.
"Over time, it is important for governments to ensure financial and consumer oversight," Hans Timmer said