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Nalezeno "Georgian": 19

Ripple grows influence with Georgian National Bank partnership

10.6.2024
Despite being in a lawsuit against the SEC for years, Ripple is still generating a buzz in the market. The venture recently entered into a partnership with the NBG (National Bank of Georgia). That is not all, as a recent report shows 80% of Japanese banks are partnering with Ripple. Most of these...

Daily Raids on Crypto Farms as Abkhazia Intensifies Mining Crackdown

12.2.2023
Authorities in Abkhazia are stepping up efforts to clamp down on cryptocurrency mining amid electricity shortages in the winter months. The government of the breakaway Georgian region announced it’s also taking measures to prevent imports of mining equipment. Abkhazia Creates Headquarters to Combat...

Binance to Support Georgia’s Crypto Industry Through Blockchain Education

5.2.2023
Digital asset exchange Binance has agreed to help Georgia to develop its cryptocurrency sector by launching educational and other blockchain initiatives. The leading coin trading platform has been expanding its presence in the region with similar projects in other countries. Binance and Georgian...

Georgia Prepares to Launch Digital Lari Pilot in First Half of 2023

17.1.2023
The central bank of Georgia intends to publish a document detailing the concept of a national digital currency in the coming months. Other participating parties will use it to finalize their proposals for the pilot which the monetary authority plans to initiate in the first half of the year....

Georgia to Unveil New Cryptocurrency Law by This Fall

6.5.2022
Authorities in Georgia are now holding discussions with industry representatives to finalize a bill designed to regulate coin trading, among other crypto-related activities. The legislation will be presented to the Georgian society this fall at the latest, a top central bank official announced....

Georgians Sell Russian Regions as NFTs to Raise Money for Ukraine

25.4.2022
A tech innovations firm based in Georgia’s capital Tbilisi is now “selling Russia piece by piece” in the form of NFTs. The money from the collectibles, representing almost 2,500 Russian regions, will be used to help rebuild Ukraine, which was invaded by the Russian army...

National Bank of Georgia to Regulate Country’s Crypto Sector

8.4.2022
The National Bank of Georgia is taking steps to regulate the crypto market in the Southern Caucasus country, its governor revealed in a recent interview. While companies in the industry are to expect a licensing regime, financial institutions have already been banned from providing crypto-related...

Abkhazia Extends Internet Restrictions for Cryptocurrency Miners

9.10.2021
The government in Abkhazia has extended an order prohibiting access to internet sites used by cryptocurrency miners. The measure is part of a wider ban on activities related to the extraction of digital coins that also limits the use of electricity and imports of mining equipment in the breakaway...

Georgia to Pilot Digital Currency in Retail Commerce Next Year

8.10.2021
The central bank of Georgia is advancing its digital currency project. The monetary authority is preparing to launch the CBDC as early as next year and plans to use the blockchain-based version of the national fiat, the Georgian lari, to facilitate retail sales. Georgia to Introduce Digital Lari...

Georgian Government Embraces Blockchain to Promote Its Wines Globally

21.7.2021
As Georgia seeks to bring its millennia-old wine industry into the 21st century, it is collaborating with blockchain platform Wiv to put the nation’s winemakers in front of a global audience of wine collectors, producers, and merchants. Move Brings Wines and Accompanying Provenance...

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