Georgia – DIGIT INFO

Turkey tops the world in stablecoin buying share vs. GDP

Stablecoin purchases in Turkey amount to 4.3% of GDP, the highest among global economies, according to Chainalysis.

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

The National Bank of Georgia will use the CBDC platform to assess Digital Lari’s benefits for the government, businesses, and retail users.

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CleanSpark’s Bitcoin mining capacity hits 8 EH/s as new facility goes live

The Bitcoin mining company kicked off the second phase of its mining campus in Georgia, gearing up for the next Bitcoin halving.

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Tether signs MoU with Georgia to develop Bitcoin P2P infrastructure

The collaboration intends to bring changes to public administration and the business sector.

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Georgian central bank to launch AML probe into crypto firms

The National Bank of Georgia will launch mandatory supervision of virtual asset service providers starting from Sept. 1, 2023.

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Georgian vendors get crypto payments option with new partnership

Georgian merchants accept crypto payments through a partnership between Gate Pay and CityPay.io, connecting users to the benefits of crypto services.

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Cleanspark Purchases 45,000 Bitcoin Mining Devices, Adding 6.3 EH/s to Current Fleet

On Tuesday, the bitcoin mining company Cleanspark announced that it had purchased 45,000 Antminer S19 XP bitcoin mining devices for a total price of $144.9 million. Cleanspark stated that the new fleet would add 6.3 exahash per second (EH/s) of computational power to the company’s current 6.7 EH/s. Cleanspark Acquires 45,000 Bitmain Antminers for $144.9 […]

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Georgia Rep. Marjorie Taylor Greene Criticizes Fednow Project, Pushes for Return to Gold Standard

On Wednesday, Marjorie Taylor Greene (MTG), a Republican member of the U.S. House of Representatives, shared an article about the Federal Reserve’s Fednow project and criticized the central bank’s digital currency efforts. The representative from Georgia insisted that the U.S. should return to the “gold standard” and said she’s taking a “hard pass” on digital […]

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Binance Opens Regional Blockchain Hub in Georgia

Crypto exchange Binance has announced the opening of a blockchain hub in Georgia which will promote cryptocurrency adoption in the region. The move comes on the backdrop of a number of partnerships, initiatives, and events the company is involved in in the country. Digital Asset Exchange Binance Establishes ‘Web3 Outpost’ in Georgia Binance, the world’s […]

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Crypto exchange Binance launches new regional hub in Georgia

Currently employing 25 people in Georgia, Binance aims to create “dozens more jobs” with the launch of its regional hub by the end of 2023.

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