The National Bank of Georgia will use the CBDC platform to assess digital lari’s benefits for government, businesses and retail users.
Georgia News
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The Bitcoin mining company kicked off the second phase of its mining campus in Georgia, gearing up for the next Bitcoin halving.
13000The Prosecutor’s Office of Georgia alleges that billionaire George Bachiashvili misappropriated 8,253.13 Bitcoin in 2017, worth $39 million at the time.
19158The collaboration intends to bring changes to public administration and the business sector.
3413The National Bank of Georgia will launch mandatory supervision of virtual asset service providers starting from Sept. 1, 2023.
3005Georgian merchants accept crypto payments through a partnership between Gate Pay and CityPay.io, connecting users to the benefits of crypto services.
4619Currently employing 25 people in Georgia, Binance aims to create “dozens more jobs” with the launch of its regional hub by the end of 2023.
4280A major bank in Kazakhstan has completed its first purchase of crypto for fiat and the president is ready to approve exchange activities.
6612One of the most crypto-friendly countries in the world wants to synchronize its crypto regulations with associated rules in the European Union.
3092A combination of laissez-faire factors has created a beneficial environment for cryptocurrency mining in Georgia.
3928Recent events in Canada sparked a global conversation about financial censorship and crypto's potential to guard against it.
6402The tiny population of Georgia is a dark horse for Bitcoin mining, contributing close to 1% of the industry’s total hash rate, according to a report by Arcane research.
8932The U.S. state is expected to have 56,000 Bitmain miners operating by October as part of an agreement with Bitmain, ISW Holdings, and Bit5iv.
4696Russian Finance Ministry official Ivan Chebeskov has opposed the proposed ban of cryptocurrency operations in Russia.
6092The $62 million deal is expected to generate $10 million in monthly revenue for ISW Holdings.
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