National Bank of Georgia to adopt regulations for cryptocurrency trading platforms

Georgia Materials 28 January 2022 19:04 (UTC +04:00)

BAKU, Azerbaijan, Jan. 28

By Maryana Akhmedova – Trend:

The National Bank of Georgia (NBG), taking into account the risks of money laundering, plans to adopt certain regulations for cryptocurrency trading platforms, Vice President of the NBG Papuna Lezhava said, Trend reports via Georgian media.

Lezhava said the regulators around the world make decisions in this direction and the NBG will develop new regulations based on this experience.

“The so-called AML, or the development of an anti-money laundering system, will be used on cryptocurrencies as well. The US has already issued some regulations on how to control this market and we are also working towards it,” the VP said.


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