The National Bank of Georgia said Governor Natia Turnava met Tether founder Giancarlo Devasini, Chief Executive Officer Paolo Ardoino and Vice President Marco Dal Lago, and presented the bank’s regulatory framework for the virtual asset sector. The bank described the framework as the first of its kind in the region, based on international best practice, and aimed at supporting the safe, transparent and reliable issuance of stable virtual assets in Georgia. The meeting was framed around the central bank’s work to build a regulatory environment that supports financial technology development and investment. Tether, which the bank described as a global technology leader with assets of up to USD 200 billion, also presented its activities and projects in Georgia.
National Bank of Georgia2026-05-25
National Bank of Georgia presents regional first virtual asset framework to Tether
The National Bank of Georgia reported that Governor Natia Turnava met senior Tether executives and presented the bank’s regulatory framework for the virtual asset sector, which it described as the first of its kind in the region and aligned with international best practice. The framework aims to support safe, transparent and reliable issuance of stable virtual assets in Georgia, as part of broader efforts to foster financial technology development and investment.