Stablecoins in Georgia: International Regulatory Practices and Policy Recommendations for the Georgian Government

13.04.2023

This paper thoroughly examines the existing Georgian cryptocurrency laws to identify their primary shortcomings. Moreover, it analyzes the bills proposed in the EU and the United States. After examining the local regulatory environment, comparing it to international practices, and considering the idiosyncrasies of the Georgian economy, the paper also proposes amendments to improve the existing policy.

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