Virtual asset service providers will come under the regulator’s supervision on September 1
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Politics
Jun 1, 2023
Central Bank of Georgia will start monitoring AML compliance of crypto companiesVirtual asset service providers will come under the regulator’s supervision on September 1
Market
May 31, 2023
Tether will invest in CityPay.io payment company for the development in GeorgiaAccording to the company’s plan, the initiative will improve the convenience of crypto payments, including in the CIS
Trends
May 24, 2023
Tether launches educational blockchain courses at the Georgian universityThe program aims to develop skills in the rapidly devolving fields of the digital economy
Technologies
Sep 16, 2022
Georgian winemakers will start using Cardano blockchain to confirm the authenticity of productsThe collaboration will help individual companies create a common scalable, cost-effective customer engagement platform
Incidents
Sep 2, 2022
Coinbase demands from Georgian users the return of funds received by mistakeThe exchange’s clients were able to cash out their assets for 100 times the rate
Crypto regulations
Aug 31, 2022
Georgia approves legislation for crypto regulationThe Minister of Economy and Sustainable Development noted that a package of bills has already been sent to Parliament, and amendments are planned for the fall session
Crypto regulations
May 5, 2022
Georgia’s Central Bank to submit a draft law on crypto regulation in the second half of 2022The document assumes regulation of sales and trade but does not affect mining
Crypto regulations
Apr 6, 2022
Georgia has begun to form a regulatory framework for cryptocurrency regulationThe head of the Central Bank said that the regulator has developed an initial draft of legislative changes in accordance with FATF requirements
Mining
Feb 22, 2022
Home mining is gaining momentum in GeorgiaAccording to Arcane Research, the country accounts for about 1% of the industry’s total hashrate
Politics
Jan 11, 2022
Georgian authorities have taken up the fight against illegal miningAccording to the country's Minister of Economy, the active cryptocurrency mining in Svaneti has led to power shortages