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3232Georgia Prepares to Launch Digital Lari Pilot in First Half of 2023
https://www.digit.info/georgia-prepares-to-launch-digital-lari-pilot-in-first-half-of-2023/
Tue, 17 Jan 2023 04:30:41 +0000https://www.digit.info/2023/01/17/georgia-prepares-to-launch-digital-lari-pilot-in-first-half-of-2023/Read more]]>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. Financial Authorities in Georgia Gear Up […]
]]>National Bank of Georgia to Regulate Country’s Crypto Sector
https://www.digit.info/national-bank-of-georgia-to-regulate-countrys-crypto-sector/
Thu, 07 Apr 2022 22:30:42 +0000https://www.digit.info/2022/04/07/national-bank-of-georgia-to-regulate-countrys-crypto-sector/Read more]]>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 services. Central Bank of Georgia to Propose Cryptocurrency Regulations Georgia’s […]
]]>Georgia to Pilot Digital Currency in Retail Commerce Next Year
https://www.digit.info/georgia-to-pilot-digital-currency-in-retail-commerce-next-year/
Fri, 08 Oct 2021 08:49:45 +0000https://www.digit.info/2021/10/08/georgia-to-pilot-digital-currency-in-retail-commerce-next-year/Read more]]>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 in 2022 The National Bank of Georgia […]
]]>Fintechs Invited to Work on Georgia’s Central Bank Digital Currency
https://www.digit.info/fintechs-invited-to-work-on-georgias-central-bank-digital-currency/
Fri, 07 May 2021 07:00:48 +0000https://www.digit.info/2021/05/07/fintechs-invited-to-work-on-georgias-central-bank-digital-currency/Read more]]>National Bank of Georgia (NBG) has issued a call for companies in the fintech sector, financial institutions and technology firms to support its efforts to create a digital currency. Georgia’s central bank wants to employ new technologies to raise the efficiency of the country’s payment system and promote financial inclusion. Georgia’s Central Bank Mulling Digital […]