Tether plans to introduce GELT, a Georgian lari-backed stablecoin developed with support from the Georgian government. The initiative positions Georgia among the first countries to integrate a national currency directly into blockchain-based financial infrastructure under a dedicated regulatory framework. Georgia Positions Itself as Crypto Hub Through Tether Stablecoin Partnership Tether is preparing to launch a […]
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Eric Tan is the dynamic force heading Silk Development’s international sales team in Batumi. As the only Asian at the helm of this global operation, Eric is spearheading innovative sales channels and breaking ground in new markets, bringing unparalleled energy and vision to the real estate landscape. In this episode, we dive into why Batumi […]
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Farmway Technologies Inc. and Georgia’s Ministry of Environmental Protection and Agriculture announced a partnership to direct up to $100 million over five years into Georgia’s agricultural sector, building on Farmway’s existing $20 million investment. The collaboration will fund advanced farming infrastructure, processing, logistics and irrigation upgrades—including expansion of almond orchards from 400 to up to […]
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Georgia’s political opposition wants to use blockchain technology to develop civil society and the country’s business landscape.
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The massive category 4 hurricane has killed at least 137 people, and many more are still missing — while millions of homes and businesses remain without power.
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Five U.S. states have reached a settlement with GSB Group over unregistered securities sales tied to digital assets. Residents of the states will receive refunds for all fiat and cryptocurrency deposits. GSB chairman Josip Heit agreed to cease selling unregistered securities without admitting or denying violations. 5 States Reach Settlement With GSB Group Over Unregistered […]
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A Russian cybercriminal, Deniss Zolotarjovs, has been charged in the U.S. with crimes related to his involvement in a cybercrime organization known for extorting victims and laundering cryptocurrency. The 33-year-old Moscow resident was indicted in Cincinnati, Ohio, on charges of conspiracy to commit money laundering, wire fraud, and Hobbs Act extortion. Arrested in Georgia in […]
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The Carroll County Sheriff’s Office in the U.S. state of Georgia has issued a warning about a cryptocurrency scam. Scammers are posing as representatives of financial institutions, informing individuals that their accounts have been compromised. They then instruct victims to withdraw funds from their accounts and deposit them into bitcoin ATMs. The sheriff’s office emphasizes […]
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Cleanspark Inc. has announced the acquisition of five new bitcoin mining facilities in Georgia for $25.8 million. The deal is expected to close immediately, increasing the company’s operating hashrate to over 20 EH/s by the end of the month. Publicly Listed Miner Cleanspark Obtains 5 New Mining Facilities The newly acquired sites, which range from […]
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The Supreme Court of Georgia, the highest judicial authority of the U.S. state of Georgia, has disbarred attorney Diana McDonald on June 11 for misappropriating $4 million from a bitcoin escrow transaction. In 2019, McDonald acted as a fiduciary for a client involved in a Bitcoin deal that failed to deliver the promised cryptocurrency. Despite […]
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