Georgia | Crypto

Georgia explores putting its public registry on the Hedera blockchain and tokenizing real estate through blockchain-integrated government infrastructure. Georgia’s Ministry of Justice has signed a memorandum of understanding (MoU) with the public blockchain network Hedera, as it considers moving the country’s land registry onchain and tokenizing real estate. According to a Monday announcement from the Ministry of Justice of Georgia, the government signed an MoU with Hedera, a public blockchain with permissioned node operation. At a meeting between the Minister of Justice of Georgia, Paata Salia, and a representative of Hedera, the two parties discussed the potential integration of blockchain technology into public infrastructure. Georgian officials said they are considering transferring data from the National Agency of Public Registry to the blockchain network, hoping this “would ensure even greater protection of property rights, transparency and reliability of processes.” Read more

The U.S. Securities and Exchange Commission (SEC) has filed civil charges and sought an emergency asset freeze against First Liberty Building & Loan, LLC, a lending institution based in Newnan, Georgia, and its founder and owner, Edwin Brant Frost IV. The SEC alleges that the firm and its owner orchestrated a Ponzi scheme that defrauded […] The post SEC charges Georgia’s First Liberty Building & Loan and owner in $140M Ponzi scheme appeared first on CryptoSlate.

Bitget picks Georgia for the next step of its expansion in Eastern Europe, attracted by clear regulations, tax benefits and a growing crypto user base. Bitget has received regulatory approval from Georgia to operate as a digital asset exchange and custodial wallet provider within the Tbilisi Free Zone (TFZ). In a Thursday announcement, the company said its users in Georgia can now access Bitget’s full range of services, including spot trading, futures and copy trading, all within a fully compliant, locally regulated environment. Bitget has been expanding in Europe since the European Union’s Markets in Crypto-Assets Regulation (MiCA) began taking effect in 2024. Read more