Regulations of Crypto-activities in Georgia
The National Bank of Georgia has recently introduced regulations pertaining to the registration and operation of Virtual Asset Service Providers (VASPs) in the country, which came into effect on July 1, 2023. As per the approved rules, only legal entities registered with the National Bank or financial sector representatives are authorized to provide virtual asset […]
Amendments in Labour Migration Law of Georgia
The recent amendments to the Georgian Labour Migration Law have introduced a mandatory requirement for all foreign nationals employed by Georgian enterprises to be registered on a newly established labour migration information portal. This obligation applies to all legal entities, including individual entrepreneurs and limited liability companies, and non-compliance with the registration requirement within the […]