Georgia


Finanza

Coinbase Mispricing Allows Users in Georgia to Cash Out for 100 Times Rate

The bug saw Georgia's national currency, the lari (GEL), priced at $290 rather than $2.90.

(Coinbase)

Video

Mt. Gox to Set Creditor Repayment Date in ‘Due Course’; Celsius Files to Return Custody Clients’ Funds

The distribution of funds to former customers of defunct crypto exchange Mt. Gox will begin on a repayment date to be set in “due course.” Two Georgia-based bitcoin mining facilities used by Compass Mining are closing amid soaring local power costs.

CoinDesk placeholder image

Finanza

Bitcoin Mining Middleman Compass' Georgia Facilities to Close as Energy Prices Soar

The company is offering to move approximately 5,000 machines to Texas.

Compass Mining's booth at Mining Disrupt in Miami in July 2022. (Eliza Gkritsi/CoinDesk)

Politiche

Georgia Central Bank Plans to Introduce New Crypto Rules: Report

The eastern European nation will follow international guidance as it sets out an anti-money laundering and licensing regime.

Tbilisi, Georgia (Ozbalci/Getty Images)

Politiche

State Lawmakers in Illinois, Georgia Propose Tax Incentives for Bitcoin Miners

Lawmakers in Illinois and Georgia are hoping to give tax breaks to crypto mining companies

Georgia and Illinois are the latest states to consider tax incentives for crypto miners in the U.S. (jnn1776/Flickr)

Politiche

National Bank of Georgia to Test CBDC Next Year

The pilot program will initially focus on retail payments.

Tbilisi, Georgia's capital

Video

Georgia to Put Its Wine on the Blockchain

The eastern European country of Georgia is partnering with Norway-based blockchain trading platform WiV Technology to put some of its wine on the blockchain, enabling investors and enthusiasts to track provenance and buy and sell associated NFTs. “How do you transfer real-world things to the blockchain?” host Naomi Brockwell asked.

CoinDesk placeholder image

Politiche

Georgia to Put Its Wine on the Blockchain

NFTs for the wine and its provenance will be minted and made available on WiV's blockchain-based trading platform.

vineyard

Mercati

Mawson Infrastructure Increases Ownership of Luna Squares to 90%

Luna Squares’ site will be used for third-party hosting and Mawson’s proprietary bitcoin mining operations.

Georgia map

Mercati

Republic of Georgia's Central Bank Is Researching a Digital Currency

The National Bank of Georgia hopes a digital lari would improve the efficiency of financial services.

Tbilisi, Georgia's capital

Pageof 3