Regulatory hub

Georgian Legislation (Legislative Framework)

1. Organic Law of Georgia on the National Bank (including amendments related to VASPs).

2. Amendments to legal acts related to virtual assets:

On the National Bank of Georgia Amendments to the Organic Law of Georgia On the National Bank of Georgia 400;">On Generation”Organic Law of Georgia

Law of Georgia on Amendments to the Law of Georgia on the Prevention of Money Laundering and Financing of Terrorism

Law of Georgia on Amendments to the Law of Georgia on Commercial Bank Activities

Law of Georgia on Amendments to the Law of Georgia on Microfinance Organizations

Law of Georgia on Amendments to the Law of Georgia on the Securities Market

Law of Georgia on Amendments to the Law of Georgia on Registration Fees

Law of Georgia on Microbanking Activities

Rule on Determining, Imposing, and Enforcing Monetary Fines on Virtual Asset Service Providers and Their Administrators

Order of the President of the National Bank of Georgia on Amendments to the Order No. 253/04 of 30 November 2018 on the Approval of the Regulation on Transfer-Related Information (Virtual Asset Service Provider is obliged to ensure compliance with the requirements of this regulation by 31 December 2027)

3. Order No. 94/04 of the President of the National Bank of Georgia of June 13, 2023 "On Approval of the Rules for Registration, Deregistration and Regulation of Virtual Asset Service Providers with the National Bank of Georgia"; Annexes;

Order link ; Annexes link ;

4. Compliance Control Questionnaire

Questionnaire link

5. Registry of Virtual Asset Service Providers (VASPs)

Registry link

International regulations / recommendations

1. FATF Recommendations (Financial Action Task Force — anti-money laundering standards).

Recommendations link

2. EU MiCA Regulation (Regulation 2023/1114 — Markets in Crypto-Assets).

Regulation link