Friday, December 5, 2025

Georgia moves to tighten oversight of crypto providers

TBILISI, September 23 – Georgia’s parliament is moving to limit the National Bank’s authority over state reserves while giving it stronger powers to regulate cryptocurrency service providers. Supporters of the measure say the tighter rules will bring Georgia’s fast-growing crypto sector under stronger oversight. A draft bill prepared by Finance and Budget Committee chair Paata … Read more

Georgia detains three persons for operating illegal crypto platform

TBILISI, August 7 – Authorities in Georgia have arrested three senior managers of a virtual asset service provider accused of operating illegally without mandatory registration. The arrests were announced by the country’s Investigative Service under the Ministry of Finance. According to investigators, the company in question operated through online platforms, mobile applications, and physical offices … Read more