The President of the National Bank of Georgia, Natia Turnava, participated in the presentation of an investment project by Tether, one of the world’s largest blockchain-based platforms.

During the event, Turnava emphasized the priorities of the National Bank in advancing technological development in the financial sector, stating that alongside financial and monetary stability, the institution places strong importance on promoting modern financial services and innovation.

She noted that the National Bank is actively working to create a regulatory environment that supports financial technology development and attracts investment. According to her, Georgia has already introduced a registration regime for Virtual Asset Service Providers (VASPs), and the central bank has been granted full supervisory authority over the sector.

“The National Bank has established a modern regulatory framework for the virtual asset sector, based on international best practices, ensuring transparent and stable development. This is the first such framework in the region and is aimed at supporting the issuance of stable virtual assets in a secure and reliable environment.

The framework responds to global financial market demand and creates new opportunities for attracting investment. The strict nature of the regulatory system provides predictability, making Georgia attractive to global companies operating in the virtual asset sector,” Turnava said.

Turnava also stated that reforms implemented by the National Bank are increasing international interest from financial and technology companies.

She specifically mentioned interest from global firms such as Tether, saying such investments demonstrate that Georgia is becoming a competitive and attractive hub for financial technology and digital finance in the region.

According to the National Bank, the event also focused on the development of Georgia’s financial sector, modern financial technologies, and the importance of international cooperation. Representatives from the public and private sectors, as well as international financial and technology organizations, attended the presentation.