Georgia has a strong and resilient banking sector, a stable currency and a progressive, forward-looking central bank - ChainArgos’s Patrick Tan
“Georgia is fortunate to sit at the crossroads of East and West, which gives it a remarkable geographical advantage in tapping into the opportunities of the global banking sector. It also has a strong, resilient banking sector, a stable currency and a progressive, forward-looking National Bank that supports entrepreneurs and innovators,” said Patrick Tan, General Counsel of ChainArgos, a Singapore-based blockchain analytics company. He was speaking at the Tbilisi Finance Summit.
Tan stated that Georgia is part of the strategic corridor linking Europe and Asia, enabling it to attract capital, talent and investment while developing its financial and digital infrastructure.
“Georgia’s strategic location, resilient banking sector and well-considered approach to digital asset regulation allow it to seize significant opportunities in the international financial arena,” Tan said.
He also highlighted Georgia’s approach to establishing a legal framework for regulating virtual asset service providers. In his view, the country has successfully drawn on the experiences of other nations to adopt a consistent, well-considered approach to digital asset regulation.
“We often see countries rushing to regulate digital assets, virtual assets and stablecoins without always making the right decisions along the way. In Georgia’s case, we have seen a firm and well-thought-out initiative to get the process right from the outset before rolling it out at scale,” Tan said.
Tan said this approach also puts Georgia in a strong position for the development of artificial intelligence and autonomous payments. As payments across global networks become increasingly digital and autonomous, he said, Georgia can become an active participant in these processes.
According to NBG, ChainArgos is a privately held company, based in Singapore. Its platform allows users to trace and monitor the movement of crypto assets across blockchain networks, analyse transactions and detect suspicious financial flows.
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Our goal is to build a more efficient and interoperable payments environment alongside financial innovation - Natia Turnava
28.10.2026.22:06
As part of the Tbilisi Finance Summit, Natia Turnava, Governor of the National Bank of Georgia (NBG), participated in a panel discussion titled “The Policy Dialogue: The Choices Defining 2027.” The discussion focused on safeguarding monetary and financial stability amid global shocks, the development of digital finance, and deeper regional financial integration.
Natia Turnava highlighted the NBG’s key priorities for 2027, including keeping inflation expectations anchored, strengthening international reserve buffers, and continuing the de-dollarization process. She noted that timely risk assessment, consistent policymaking, and strengthening the resilience of the financial system are particularly important for a small open economy.
The panel also addressed the modernization of Georgia’s payment infrastructure, the development of the fintech ecosystem, and the enhancement of the regulatory framework for digital finance. In addition to outlining reforms already implemented in these areas, Natia Turnava discussed future priorities, including the introduction of an instant payment system and enhanced interoperability with international payment systems.
The Governor of the National Bank of Georgia also emphasized the importance of regulatory cooperation among regional central banks. She noted that, amid growing trade and financial ties, facilitating cross-border payments, ensuring the timely exchange of information, and aligning supervisory frameworks would strengthen the region’s financial resilience and competitiveness.
“Resilience must be built before shocks materialize. For a small open economy like Georgia, credible policies and adequate buffers are particularly important. At the same time, our goal is to foster financial innovation while building a more efficient and interoperable payments environment. Through cooperation with our regional partners, we also seek to deepen economic and financial ties,” Natia Turnava stated.
The panel discussion brought together Natia Turnava and representatives of financial institutions from Albania, Armenia, Bosnia and Herzegovina, Kazakhstan, and China.
The discussion was moderated by Sopnendu Mohanty, Group Chief Executive Officer of the Global Finance & Technology Network (GFTN).
The Tbilisi Finance Summit is being held for the second time on 27–28 October, jointly organized by the National Bank of Georgia, the Ministry of Economy and Sustainable Development of Georgia, and the Singapore-based Global Finance &
Georgia has a strong and resilient banking sector, a stable currency and a progressive, forward-looking central bank - ChainArgos’s Patrick Tan
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