About this service The law on the prevention of money laundering and terrorism financing does not impose on accountable persons a separate formality but an entire institution: the compliance-control s
AML/KYCAbout this service Client identification — the know-your-customer procedures — is an inseparable part of an accountable person's daily work: banks, financial institutions, crypto exchanges and other s
AML/KYCAbout this service The risk-based approach is the central idea of the law on the prevention of money laundering and terrorism financing: not every client and every transaction is equally dangerous, an
Asset RecoveryLegal routes for asset recovery in Georgia When property — including cryptocurrency or another digital asset — slips away from its owner through fraud, hacking or unlawful interference, the question i
Blockchain IPBlockchain Patent Strategy is one of the most complex and rapidly growing areas of intellectual property law. Blockchain is essentially software, and in Georgia, as in Europe, "computer programs" as s
Cross-Border CryptoVirtual Assets and Legal Tender The legal boundaries of settlement in cryptocurrency in Georgia are established by the Organic Law of Georgia on the National Bank of Georgia. The first part of Article
Cross-Border CryptoWhat Governs International Crypto TransactionsThe transfer of convertible virtual assets across borders is the object of special regulation under the Law on the Prevention of Money Laundering and the
Crypto ComplianceOperating a crypto exchange in Georgia: what the law demands Opening a cryptocurrency exchange in Georgia is governed not by a separate exchange-licensing statute but by the regime of the Law of Georg
Crypto ComplianceThe Legal Status of Virtual AssetsThe legal framework for blockchain-based activity in Georgia is defined at the state level, and at its centre stands the concept of the virtual asset. Under the Organ
Crypto ComplianceWho is a virtual asset service provider With the growth of the digital economy, Georgia has built a clear regime for virtual asset service providers — the category known internationally by the abbrevi
Crypto DisputesThe Legal Nature of Crypto-Related DisputesDisputes connected with crypto assets are often difficult because the transferred property moves in the digital space while the legal dispute is examined in
Crypto DisputesThe Elements of Fraud in the Crypto SpaceIn cases of cryptocurrency fraud the fate of the decision often depends on the criminal classification. Under the Criminal Code, fraud is the acquisition of an
Crypto LicensingRegistration and authorization of a crypto business: the anatomy of the process Carrying on a business in virtual assets in Georgia rests on two steps: first, the definition of the entity and the orde
Crypto LicensingHow a provider enters the regulator's register A frequent question is how to obtain a VASP licence in Georgia. Clients searching for a crypto licence in Georgia, a VASP registration or NBG market entr
Crypto M&AThe Legal Mechanics of a Crypto Company M&A The acquisition and merger of a crypto company is carried out under the reorganization rules of the Georgian Law on Entrepreneurs: the permissible forms — t
Crypto TaxThe Tax Framework for Cryptocurrency In Georgia cryptocurrency is taxed under the general norms of personal income tax: the Tax Code provides no special rate for cryptocurrency, so the taxpayer, the o
DAO GovernanceThe Question of a Legal Form for a Decentralized Organization A decentralized autonomous organization is not singled out in Georgian legislation as a separate legal form — for the law its existence be
DAO GovernanceLiability Models by Legal Form The risk to the personal property of the members of a decentralized autonomous organization depends directly on the legal form in which the project is wrapped. The Law o
