Authorities in Georgia are now holding discussions with industry representatives to finalize a bill designed to regulate coin trading, among other crypto-related activities. The legislation will be presented to the Georgian society this fall at the latest, a top central bank official announced.The National Bank of Georgia is fine-tuning a draft law tailored to establish a legal framework for certain operations with cryptocurrencies with the help of interested parties from the sector.
We are working on a bill regulating cryptocurrency, and now it is at the stage of consideration with market participants. The final document will be made public either in the summer or in the fall. The law will regulate several crypto-related areas at once, the central bank official elaborated. These include consumer protection and cryptocurrency trade. Its provisions will introduce rules for trading platforms such as digital assets exchanges. However, they do not concern crypto miners and their activities, Lezhava noted.
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I'm sure there are a lot of people who use mostly usdt
Hope they will accept usdt as legal tender.
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