The National Bank of Georgia, in remarks by President Natia Turnava at the presentation of Tether's investment project, outlined its priorities for the technology development of the financial sector. The bank said it is working to build a regulatory environment that supports modern financial services, fintech development and investment attraction alongside its core objectives of financial and monetary stability. As part of that approach, Georgia has introduced a registration regime for virtual asset service providers, and the National Bank of Georgia has full supervisory authority over the sector. Turnava said the framework is based on international best practice, is the first of its kind in the region, and is intended to support the issuance of stable virtual assets in Georgia in a safe, transparent and reliable environment. She added that the regime is strict but predictable and that the bank's reforms are increasing interest from international financial and technology companies, with Tether cited as an example.
National Bank of Georgia2026-05-25
National Bank of Georgia outlines fintech priorities and highlights virtual asset framework at Tether investment event
The National Bank of Georgia outlined priorities for developing financial sector technology, building a regulatory environment that supports modern financial services, fintech and investment while maintaining stability. It highlighted a new registration regime for virtual asset service providers, under which the bank has full supervisory authority, as a strict but predictable framework based on international best practice intended to support issuance of stable virtual assets and attract firms such as Tether.