Tether signs MoU with Georgia to develop Bitcoin P2P infrastructure

Tether said that the partnership with the government of Georgia will also look at creating and implementing a strong and autonomous financial and communication system. This entails encouraging the adoption of peer-to-peer technology-based digital payment and communication systems, as well as improving existing infrastructure to ensure its robustness and dependability in supporting blockchain-based solutions.

Georgia will create a special fund for local startups in order to provide assistance to develop blockchain technologies and position Georgia as a country with an attractive ecosystem for technological startups. Irakli Nadareishvili, deputy minister of economy and sustainable development said that the collaborative effort “will contribute to the development of local blockchain technologies in the country, as well as the introduction of companies operating in this sector in Georgia.

El Salvador the first country to make Bitcoin a legal tender had Bitfinex as its key exchange technology partner and eventually granted the first

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