The NBG Framework
The National Bank of Georgia (NBG)
Regulatory Regime
Aligning Global Operations with Modern Financial Supervision.
Under Decree No. 94/04 of the Governor of the National Bank of Georgia, all enterprises engaging in convertible virtual asset exchanges, transfer, safekeeping, administration, or trading platform operations must secure a formal registration directly under the NBG.
The regulatory framework is built to mirror European AML/CFT and FATF recommendations. This means that a Georgian VASP is recognized globally not as an unmonitored offshore entity, but as a heavily supervised financial participant.


