Georgia targets illegal crypto mining in Mestia crackdown: Report

In recent developments, georgia will reportedly install electricity meters across Mestia to curb illegal crypto mining after officials blamed miners for grid strain and outages. Looking closer, market participants highlight…

Tether Partners With Georgia Government to Launch GELT Stablecoin

In recent developments, tether plans to introduce GELT, a Georgian lari-backed stablecoin developed with support from the Georgian government. The initiative positions Georgia among the first countries to integrate a…

With Central Bank’s Blessing, Georgia Taps Tether for ‘Official’ Stablecoin

In recent developments, tether plans to issue a stablecoin in Georgia with support from the country’s government, marking a new frontier for the crypto giant. Looking closer, market participants highlight…

Tether, Georgia plan lari-backed stablecoin GELT under new rules

In recent developments, georgia’s central bank released stablecoin rules in March covering reserve backing, issuer documents and external auditor verification. Looking closer, market participants highlight key drivers such as liquidity…

Georgia primary to test crypto PAC’s support for Democratic candidate

In recent developments, a political action committee aligned with crypto interest groups reported spending more than $4 million in support of Democratic US House candidate Jasmine Clark in Georgia. Looking…

Georgia eyes onchain property rights and tokenization with Hedera partnership

In recent developments, georgia explores putting its public registry on the Hedera blockchain and tokenizing real estate through blockchain-integrated government infrastructure. Looking closer, market participants highlight key drivers such as…