The National Bank of Georgia (NBG) has amended its rules for virtual asset service providers (VASPs) to require registered entities to prominently display, or make easily available to consumers, the individual administrative-legal act issued by the NBG confirming the entity’s VASP registration. The requirement applies across all locations and channels through which virtual asset services are provided, including head offices, branches, self-service kiosks, websites and applications. The NBG frames the change as a consumer-transparency measure that supports enforcement of the legal registration requirement and provides an additional mechanism for consumers to verify the legitimacy of VASP activities, against a backdrop of unregistered providers operating in Georgia, including in Free Industrial Zones. The amendment enters into force on 1 January 2026.
National Bank of Georgia 2025-11-27
National Bank of Georgia requires virtual asset service providers to display NBG registration confirmation across all service channels
The National Bank of Georgia has amended rules for virtual asset service providers (VASPs) to mandate the display of their registration confirmation from the NBG across all service channels. This consumer-transparency measure aims to enhance enforcement of legal registration and help consumers verify VASP legitimacy amid unregistered providers in Georgia.