Ripple to power Georgia’s central bank digital currency, the digital Lari

The National Bank of Georgia (NBG) has selected Ripple Labs Inc., a leading blockchain payments platform, as the official technology partner for developing Digital Lari, their central bank digital currency (CBDC) project.Ripple said in a  statement that the partnership will ...

George Bachiashvili’s lawyer denies $39M Bitcoin misappropriation charges

The legal team representing the billionaire entrepreneur George Bachiashvili has issued a statement denying the criminal charges filed by the Prosecutor’s Office of Georgia, alleging that the businessman misappropriated Bitcoin (BTC) worth $39 million. On July 6, the prosecutor& ...

Cryptocurrency Exchange Gate Enables Georgia Merchants to Accept Crypto Payments

Gate, a cryptocurrency exchange, recently revealed that it has incorporated Gate Pay payment services into the development of CityPay, a crypto payment startup in Georgia. This integration will merge payment platforms and allow over 600 merchants in Georgia to access quick and efficient cryptocur ...

Cryptocurrency Regulations in Former USSR Countries: A Look into Georgia’s Crypto-Friendly Stance

The authorities in the countries in the place of the former USSR have a complex attitude towards the legislative regulation of cryptocurrencies. A complete ban may alternate with extreme openness to blockchain transactions. The authoritie ...

Binance Opens Blockchain Hub in Georgia to Attract Talent and Drive Crypto Adoption

Binance, a leading cryptocurrency exchange, has made an exciting announcement regarding its plans to establish a new hub in Georgia. The main goal of this new center will be to attract talent within the blockchain technology field, while also promoting education and public initiatives related to ...