The National Bank of Georgia (NBG) has introduced an obligation requiring all registered Virtual Asset Service Providers (VASPs) to visibly display or make easily accessible the official NBG administrative-legal act confirming their registration. The requirement applies across all service channels, including head offices, branches, self-service kiosks, websites and mobile applications.
The rule was added through an amendment to the Regulation on Registration and Regulation of Virtual Asset Service Providers which improves consumer transparency and strengthen enforcement of the legal registration requirement. The NBG says the update supports greater consumer awareness and enhances protection of user interests while advancing Georgia’s virtual-asset supervisory framework in line with the central bank’s oversight mandate.
The NBG also pointed out that the measure will simplify public verification of provider legitimacy acting as an additional mechanism to help users identify registered entities more easily.
The amendment follows repeated cases in which the regulator discovered individuals and companies operating in Georgia, including in Free Industrial Zones, without VASP registration and misleading consumers.
The regulatory amendment comes into force on January 1 2026.
